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Updated almost 2 years ago on . Most recent reply

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Making an offer on a property that doesn't need rehab.

Doug Eric Gueirn
Posted

How do I calculate an offer on a piece of property that does not need much renovation or repairs? Will investors take properties that may not have a massive amount of profit? Can I realistically find a buyer that is okay with a small profit if it is all cash? 

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Bob Stevens
  • Real Estate Consultant
  • Cleveland
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Bob Stevens
  • Real Estate Consultant
  • Cleveland
Replied
Quote from @Doug Eric Gueirn:

How do I calculate an offer on a piece of property that does not need much renovation or repairs? Will investors take properties that may not have a massive amount of profit? Can I realistically find a buyer that is okay with a small profit if it is all cash? 


 Its ALL about the numbers, nobody is going to invest, 250k to make 5 - 10k, or 500k to make 20k,,, PLEASE connect with those doing deals, learn then apply what you learn

Good luck 

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