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Updated over 4 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Rick Reyes
  • Rental Property Investor
  • Mc Kinney, TX
2
Votes |
7
Posts

Searching for list of properties selling under market in DFW?

Rick Reyes
  • Rental Property Investor
  • Mc Kinney, TX
Posted

I wanted to know if anyone knows where I can get a list of discounted/undervalued properties. My thinking is if I can get a list of currently listed properties that are selling below county appraisal, then I can flip the property and make more money.  I would really like to get your thoughts on something like this. In the meantime, I may work to try and create something like this for my own benefit. 

Most Popular Reply

User Stats

146
Posts
148
Votes
Alex Grosvenor
  • Realtor
  • Dallas, TX
148
Votes |
146
Posts
Alex Grosvenor
  • Realtor
  • Dallas, TX
Replied

@Nick B. is correct.

What you sound like doing is fix n flips. Buying distressed properties and fixing them up then selling them to actual homebuyers. Which would require the ARV not the county appraisals.

Or you are talking about wholesaling properties. Where you get a property under contract. That property has to be under priced so it probably needs work. Then you assign that contract to a cash buyer who is going to fix it up and sell it for profit then. Still Needing an ARV

Either way it goes I would want you to get some more education about either subject or both subjects before you jump into anything. Or maybe we both are just misunderstanding what you are talking about?

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