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Updated over 3 years ago on . Most recent reply

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15
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Nancy Conrad
  • Investor
  • Phoenix, AZ
9
Votes |
15
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Back on the market after borrower failed. Strategies?

Nancy Conrad
  • Investor
  • Phoenix, AZ
Posted

I bought a note on a house in Wisconsin some time ago and took the house back in foreclosure with an inherited tenant. When the tenant left, I posted it on Facebook marketplace in June for cheap and got a lot of action, eventually settling on a guy who had a construction company who was going to fix and flip. Alas, it fell out of escrow when he couldn't get qualified (I was owner financing). 

Any suggestions on where to post this deal? Facebook buyers, while there's plenty of them, don't seem to understand the part in my marketplace ad where I say it's a "fixer." I've left plenty of room for a rehabber. This isn't going to be a retail deal, so an agent is probably not my best option. By the way, I'm in Phoenix, so I'm working on this from afar.

Most Popular Reply

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5,037
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4,678
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Taylor L.
  • Rental Property Investor
  • RVA
4,678
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5,037
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Taylor L.
  • Rental Property Investor
  • RVA
Replied

Biggerpockets marketplace! List that bad boy there. Get it in front of investors.

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