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Updated almost 4 years ago on . Most recent reply

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Steven Quinones
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Before I speak with the owner

Steven Quinones
Posted

So there's a property in my neighborhood that is for sale but hasn't been listed yet. here's what I want to do..

1- Run the numbers using B.P calculator. 

*I don't know the condition of the house, so I'll have to factor in some rehab cost.

2- Check nearby homes for ARV and relevant info.

3- Get it under contract. I'm nervous about this part.

I'm not a salesman nor do I have any experience in negotiating for a property. Is there certain questions I should be asking? Should I be familiar with different finance strategies? There's a lot going through my head lol

Most Popular Reply

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Marc Winter
  • Real Estate Broker
  • Northeast PA
2,659
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Marc Winter
  • Real Estate Broker
  • Northeast PA
Replied

2-step approach:  

1--go to the house

2--ask the owner if they are selling

Can't be shy in this business.  

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