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Updated about 2 years ago,

User Stats

45
Posts
11
Votes
Guillermo Vladimir Robles
  • New to Real Estate
  • Los Angeles, Ca
11
Votes |
45
Posts

I might have found a deal

Guillermo Vladimir Robles
  • New to Real Estate
  • Los Angeles, Ca
Posted

I found a condo that has no HOA supposedly is being estimated at between $419k-$582k and is selling for $324k I was wondering what to say to the listing agent (whose realty company is listed but not her phone number) because I see this as a wholesale opportunity.

I bounced some ideas off the person I first go to when deals come up and he said that condos are a no go for him because someone he knows told him never invest in condos and also, he brought up the objection that if the building last sold a year ago for $325k and its being listed for $324k there must something wrong with it because the owners just want their money back.

Any advice would be welcomed in regard to this deal and/or advice on getting your first deal done.

Thanks. 

Have a wonderful day.

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