Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

167
Posts
90
Votes
John Kesner
  • Investor
  • Reno, NV
90
Votes |
167
Posts

Foreclosure fixer offer strategy

John Kesner
  • Investor
  • Reno, NV
Posted
Hello Folks! So I'm wondering what strategy you guys have found effective buying a fixer upper from a major bank. Assuming the property needs significant work (roof, hvac, vandalism to windows, doors and plumbing) Do you, A. View property, get prices from contractors for the repairs required. Use estimates as justification for a low offer? Or B. Get an accepted offer with an inspection contingency, get quotes for the repairs. Then renegotiate the offer with the repair quote as back up? Lets hear your experience! Thanks

Loading replies...