Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

39
Posts
18
Votes
Evan Holly
  • Rental Property Investor
  • New York, NY (nyc)
18
Votes |
39
Posts

First Flip - Getting offers! Need advice

Evan Holly
  • Rental Property Investor
  • New York, NY (nyc)
Posted

I just finished my first flip ever, and am so happy to be getting multiple offers! I've never actually sold a house on the MLS before, and am wondering if any experienced flippers could chime in on what they would take.

House is in Ohio. Purchased at 16.5k, rehabbed for 35k, and have a few thousand in holding when all said and done. All in I'm at 55k. We listed at 79k on Friday, and I've gotten 3 offers over asking so far.

1. 96k - FHA loan,

2. 95k - with inspection

3. 90k - no inspection

This flip was challenging due to contractors backing out, and while I believe everything is up to code, I have some doubts about their work. Considering the offer of $90k with no inspection, as my realtor warns a negative inspection report could hurt future prospects.  Would love some insight!

Loading replies...