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Updated over 4 years ago on . Most recent reply

User Stats

135
Posts
26
Votes
Charles Holder
  • Lender
  • San Antonio, TX
26
Votes |
135
Posts

Can I list an fsbo property and take the difference.

Charles Holder
  • Lender
  • San Antonio, TX
Posted

My friend and I are realtors in TX, we can't wholesale due to working with KW.

My friend found someone who inherited a property via probate,. Wholesalers called the new home owner with the highest cash offer being 135k.

Can we tie up the property as a fsbo would and list it on MLS sell and than pay off the fsbo?

Arv is 180-200. House needs minimal work.

What do we do to make the most out of this deal.

We can list and get our commission, not a whole lot of opportunity their.

The buyer wants money for a down payment on a new property.

Thank you bigger pockets members please help me with our options!

  • Charles Holder
  • 5123006036
  • Loading replies...