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Updated over 9 years ago,

User Stats

38
Posts
11
Votes
Patrick Gleason
  • Investor/Construction Manager
  • Boston, MA
11
Votes |
38
Posts

Potential Flip in MA

Patrick Gleason
  • Investor/Construction Manager
  • Boston, MA
Posted

I am a contractor out of Boston thats new to house flipping. This home is offered at $196,000.00 (foreclosure, home is in ROUGH shape) with comparable homes selling in the $300k+ range. My question to you guys is.. How hard will it be to sell this home because of its shared driveway? There is a home behind this home and I'm assuming this is why nobody has pulled the trigger on this home. 

-Has anyone out there sold a home with a shared driveway? 

-If yes, how did it affect sales price?

-Was there anyone who shied away the property because of the shared driveway?

-When dealing with foreclosed property, is there any negotiating with a bank?

Thank you as always, 

-Patrick 

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