Real Estate Investor · Atlanta, GA · Member since 2017 · 29 posts · 15 votes
Good morning
Recently put in a very low offer on a small brick home in St. Louis and it was accepted. The auction company is offering a 1.5% agent commission which is only going to come out to about a whopping $150 but its a free $150 if someone is an agent here in St. Louis and would like for me to list them. I need to send out my vesting info and agent info today.
Secondly looking for a referral for a title company there with decent closing fees; I have to pay buyer and seller closing costs on this deal and some in TN and GA will charge less if both use the same title company; unsure about this in MO but please any investors let me know who you use.
I did drive by the property a few weeks ago when I was there and the outside looks decent and the neighborhood looked occupied which was good; it's just a small 900 sq ft brick ranch. After closing and I get inside I will probably look to wholesale it but if it only needs maybe just paint and cleaning I might do a rental if I can find someone there to manage it if that area is ok for rentals. Don't know much about the St. Louis market. The area is called "Castle Point".