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Updated over 12 years ago, 06/08/2012
- Flipper/Rehabber
- Kansas City, MO
- 750
- Votes |
- 734
- Posts
Having trouble getting my first property....
I have walked 25+ homes and placed bids on 10+ properties in the last 2 months without any luck:
I am sitting on a short sale offer that I submitted 3 months ago, that I have not heard anything on in weeks...
I have submitted on 5 HUD homes that have all been rejected...I was $1500 lower than the successful bidder on one of them..
I just had a homepath offer that I submitted last week where they asked for our highest and best offer against other competing multiple offers (I ended up making the highest offer)....they ended up countering me back and forth a couple of times for about a week and I finally thought I was going to get my first deal, but then they said they received other offers over the weekend that were better than mine...
I feel like I have wasted half of 2012...with ambitions to make 2 to 3 deals this year, it seems I will be lucky if I get one!
I want to get into real estate full time, but I can't put food on the table rehabbing one house a year!
Does anybody have any luck with MLS listings or am I just wasting my time? It seems everybody and their grandma is bidding on foreclosures
- David Robertson