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Updated over 3 years ago on . Most recent reply

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Chris Carruth
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Looking for quidance....selling unfinished flip?

Chris Carruth
Posted

A fellow investor recommended I list a flip that is unfinished. I am considering a sweat equity "credit" off list price when purchased. With purchase price and "value of sweat" being set up front. Anyone done this, including listing sweat equity opportunity on BP as compared to other sites such as Zillow? 

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

It’s doable, if the numbers work.  But, no one cares about your assignment of “sweat value”...they’ll look at it like any other flip.  You’ll Net the most if you get it on your local mls though.....a much larger pool of potential buyers.

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