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Updated over 5 years ago on . Most recent reply

User Stats

62
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23
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Todd Fullerlove
  • Investor
  • Oklahoma
23
Votes |
62
Posts

I’m not going to watch dancing with the stars.

Todd Fullerlove
  • Investor
  • Oklahoma
Posted

Hello BP friends,

I will make this a long story short.

I bought a house from a motivate seller in cash.

I used private money to buy it. ( I know, I know, I should of did an assignment contract but we couldn’t in this situation)

The house isn’t selling. We have some interest but no takers.

I hired an agent. We have more interest but no takers.

I’m considering taking it off the market and getting a hard money loan to flip it myself.

Has anyone done something like this before?

Most Popular Reply

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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
10,046
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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorReplied

If no one is buying, it's priced too high. Drop the price significantly and relist.

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