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Updated about 8 years ago on . Most recent reply

User Stats

80
Posts
23
Votes
Stephen R.
  • Investor
  • NEWTOWN, CT
23
Votes |
80
Posts

Revive that almost deal... Monroe, Newtown, Trumbull, Shelton, CT

Stephen R.
  • Investor
  • NEWTOWN, CT
Posted

Have you analyzed a deal and discovered there wasn't enough profit to flip or wholesale so you discarded it? Might it make sense as an owner occupied rehab? What if you could make a "finder's fee" just for having analyzed it? Then maybe I can help you, while you help me. 

I've just begun my journey in the world of real estate investing but I am also in the market for a new SFR for my - surprise - growing family. What I am looking for is a property that you may have analyzed as a potential deal, that didn't have a large enough margin for a flip or wholesale, but is still below market value and may hold potential as an owner occupied property. I am looking for a REO, short sale, MLS, off market, anything that may fit my criteria. My wife and I have been looking for a 3+ BR, 2+ BA, > 1800 sq ft SFR with a decent yard for kids, in the Monroe, Newtown, Trumbull, Shelton, Connecticut area for less than $350K including purchase and rehab.

If you have anything you would otherwise pass on please reach out to me and maybe you can still turn that not so good deal into a money maker. 

Looking for

Most Popular Reply

User Stats

80
Posts
23
Votes
Stephen R.
  • Investor
  • NEWTOWN, CT
23
Votes |
80
Posts
Stephen R.
  • Investor
  • NEWTOWN, CT
Replied

Hi Scott, 

Thanks. I've been looking for months and then I started to think creatively. BP has been a fantastic resource  and I thought maybe someone has seen something that doesn't work for them but might work for me. 

To answer your questions- yes, Kit has already pre-approved me. I haven't decided on the particular financing option; I suppose I'll match the right tool with the right job, once it comes along. Don't people say "find the deal and the money will follow?" 

Thanks again for the well wishes. I'll let you how it works out. See you at the next meet up.

Stephen

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