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Updated over 9 years ago on . Most recent reply

User Stats

34
Posts
6
Votes
Nick Edwards
  • Investor
  • Vienna, VA
6
Votes |
34
Posts

General Creative Real Estate Question!

Nick Edwards
  • Investor
  • Vienna, VA
Posted

Hey everyone,

I have a question regarding tear down flips. I grew up in a neighborhood just outside Washington D.C. in VA. There seems to be a theme in the area. Especially in my neighborhood, houses that are sold are being snatched up very quickly to be torn down. They build these huge 2+ million dollar monstrosities. Houses that sell are not selling for anything under 750k or so. The advantage I feel I could have is that I am still connected with many of the neighbors. I usually hear about a neighbor wanting to sell before the house even hits the market. Assuming I have a team lined up but no funding, what could my creative options be here? I see opportunity but don't see any way to get my hands on it.

Thanks so much!

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