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Updated almost 4 years ago on . Most recent reply
![Steven Quinones's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1807010/1694684829-avatar-stevenq13.jpg?twic=v1/output=image/cover=128x128&v=2)
Before I speak with the owner
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
![Marc Winter's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/886213/1621504991-avatar-marcwin44.jpg?twic=v1/output=image/crop=301x301@95x261/cover=128x128&v=2)
2-step approach:
1--go to the house
2--ask the owner if they are selling
Can't be shy in this business.