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Updated over 11 years ago on . Most recent reply
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Looking for Detroit Investors who buy in Detroit itself - Have lead (not deal yet) in Rosedal Park $24,000 -comps are $70,000+
This is a second post in search of investors who want to buy in Detroit. I have been getting leads although usually not the best deals.
I don't want to keep passing these up and would like to try and help some of the sellers.
My most recent lead is in Rosedale Park. I don't have a signed contract yet because I need to go evaluate the property. But I also don't want to waste her time or my time if I am not able to come through on my end with a buyer.
So what I'm looking for are buyers who want these areas so I know who to offer these properties to. My current associates don't buy in the City of Detroit.
This property is 1700+ sqft. 3 bed 2 bath. Needs full Kitchen is all I know until I walk the property. I will have a full report in a couple days.
Comps are coming in around $70,000+
Seller has 1 year payment plan setup for taxes to keep it from auction. Back taxes owed are $18,000. She was duped unfortunately, as many were. She bought the house and was told no taxes were owed. This is the 2nd lead I have gotten like this and it really pisses me off that people do this to each other!!!
Asking price is going to be $24,000.
But even if this property is not a deal I will be able to officially offer, I would like to know who I can pass these leads to when I get them.
Thank you.