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Updated about 10 years ago on . Most recent reply

Marketing to Out of State Absentee Owners
I am doing a DM campaign to out of state absentee owners. What do you do when you get a lead for a house that is immaculate condition, so this is not fix and flip. Do you market to a retail buyer on my buyers list or some other strategy. My intent is to wholesale the properties I get with this campaign, but I am not sure how to handle when the properties are not distressed. How would you handle it?
Most Popular Reply

It all depends on the price that you can get the house under contract for. Ideally, all properties that a wholesaler will buy will be in perfect condition, and at a massive discount. The better condition a property is in will make it that much easier to flip to a buyer. Also, depending on the type of financing you can get (ie. seller financing, or a sub2 purchase), you can even wholetale the property and make way more money than on a wholesale. The best properties to wholetale are the ones in great condition.