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Updated over 8 years ago on . Most recent reply

User Stats

138
Posts
63
Votes
Brian Compton
  • Contractor
  • Charlotte, NC
63
Votes |
138
Posts

Obtaining a vacant home

Brian Compton
  • Contractor
  • Charlotte, NC
Posted

Good morning, BP

I found a vacant home in Charlotte. I located the home owner's mailing address and wrote them a letter to inquire about the property.

I received a letter back yesterday (couldn't help but laugh to get a letter back and not a phone call, ha) from the home owner and she gave me this long story about how the home has been vacant for years. BoA turned it over to a company called... I can't read her writing here. It looks like "strecus, stricas, stracus" or something similar? I couldn't find anything trying to autofill in a Google search.

Anyway, she said "if you can get the house, fine" and "if you need me to help you get the house, let me know".

Aside from obtaining the important numbers, what steps can / should I take to acquire this property?

Context: I'm new to REI, starting out as a wholesaler. I don't have the cash it's going to take to acquire it.

Also one last fun tidbit, she didn't leave me her phone number in her letter. So I had to write another letter back to her thanking her for the response, etc and asking for her phone number so I could call her, lol. Good times.

Thanks in advance for any suggestions!

Most Popular Reply

User Stats

40
Posts
18
Votes
Jordin Boyd
  • Rental Property Investor
  • Denver, CO
18
Votes |
40
Posts
Jordin Boyd
  • Rental Property Investor
  • Denver, CO
Replied

Hey Brian,

Is her mailing address local? I would just drive to her mailing address and knock on her door. Tell her what you do and how you can help. Try to get the whole story. That would be way faster than sending her another letter. 

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