Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago,

User Stats

66
Posts
12
Votes
Alberto Cordova
  • Realtor
  • Brownsville, TX
12
Votes |
66
Posts

1st call to a FSBO

Alberto Cordova
  • Realtor
  • Brownsville, TX
Posted

Hello BP community, I just got off the phone with a FSBO first time making a FSBO call. Feel it went pretty good :)... I do need some assistance to see what route I can take to help the Seller get the property of there hands and to also be able to make a profit.

Currently the property is listed at 165K. She is motivated to sell the property, since she has been trying for a year with a listing agent. She is willing to come down in price around 5-6K but mainly just wants to break even. The amount owed to the property is 160K. She is not interested in doing owner finance since she is not at the liberty to do so. (has received a few calls but have been declined) The reason for her selling the property is that her family is growing and needs more room.

In this case what would I be able to do to close fast on the property? Wholesale?

All responses are welcome of course.

Property: 3Bedrooms, 2 1/2 baths.

2685sq ft. Corner lot.

I checked county records appraised value is at 166,200

Thank you everyone in advance for your assistance.

Loading replies...