About to Lose First Dallas Flip

[Melissa Williams]

I emailed my offer yesterday for $17,000 over asking cash and by the time the listing agent got back to me, she said you'd get it but now it's after the deadline and the seller isn't accepting blind offers.

After telling my husband, he's not happy because we're in the process of refinancing our home. My thoughts were, if I could raise the acquisition costs in cash and possibly the $40,000 for repairs later, I could still save the deal. ARV is $230,000. I am open to any creative ideas for funding Dallas flips. Any advice or companies that partner in this short of a turnaround??? Sunday would likely be the last day to reach back out to listing agent.

[Cody L.]

I do "blind offers" all the time. I don't buy from the MLS often but a great deal on a -0 unit came up, I got an alert (it matched my search criteria), I called the agent, said I'm good to pay full asking. He said he had like 10 tours scheduled. I said "cancel them. I'll wire title 100k right now. Hard day 1"

this was in Houston. I was in AZ at the time. I’m glad he didn’t give some “der I don’t go blind offers” reply. 

When you're buying an income property I assume going under contract blind is more common than sally and bobby buying their very first SFH to move into and start a family. Investors are buying rent roll. What's there to see on the 1000th class C property you've gone after? They're almost all the same