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Updated over 7 years ago,
New member, question on wholesale
Hello!
I'm Carlan, new to the site, new to real estate in general. Always wanted to get into it, but always thought I had to be sitting on money first.. Taking my first steps in wholesaling. I ran across an opportunity today and am just looking for a bit of advice...
Came across a house that is on the market FSBO, has been on a week and a half. Going over it's history, I see it's been on the market several times before, but never sold since this owner bought it. Originally a few years back when it first went up, it had a substantial increase from the original buy amount. Since then it has slowly come down to today, in which it sits for only 5k above the original buy price.
To me, this seemed like a great opportunity, may be a motivated seller I could wholesale the house with. My question is, should I get this appointment, what would be the best way to approach that subject, and does this sound like something anybody else has come across?
Thank you for your feedback.
Carlan