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Updated almost 8 years ago on . Most recent reply

User Stats

14
Posts
4
Votes
Robert Carson
  • Pasadena, MD
4
Votes |
14
Posts

How can I win a property

Robert Carson
  • Pasadena, MD
Posted
Hi all, I am currently working on finding flip by way of mls right now with plans to move to marketing campaign and eventually the brrr strategy but my problem is this, I live in Anne arundel county Maryland and I have now put in offers on 4 single families and have now lost each one significantly over list. I feel as though the margins are so slim that I can't go any higher but yet cannot understand how anyone else can go in any higher on these deals. I am using financing which does have cost associated over a pure cash buyer. Is the inventory just so low that everyone is fighting over and taking what they can get to stay busy or is there a lot of 203k buyers out there? Any help would be appreciated so I can figure out what to do to get my first property moving.

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