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Updated over 6 years ago on . Most recent reply

User Stats

11
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0
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Anthony Brown
  • Flipper/Rehabber
  • Saint Louis, MO
0
Votes |
11
Posts

Help! Found a home and dont know the next step!

Anthony Brown
  • Flipper/Rehabber
  • Saint Louis, MO
Posted
Good afternoon everyone. I am beginning to pursue wholesaling as a start to my REI career. I found a home next door that is vacant with no sign in front. I did some research (visited the county assessors website, Zillow, etc) and found out it is not on the market. I also have other pertinent information as well. I need help figuring out what the next step is. Do I call the owner or find a buyer first? Do I go by the assessed value or the appraised? Do I need an LLC first? Help would be much appreciated!

Most Popular Reply

User Stats

176
Posts
83
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Brian Mcmenamin
  • Rental Property Investor
  • San Diego, CA
83
Votes |
176
Posts
Brian Mcmenamin
  • Rental Property Investor
  • San Diego, CA
Replied

@Anthony Brown I would get in touch with the owner to see if they are even interested in selling. You should probably at the same time be working hard to get your buyers list together. I mean ASAP. You can always advertise deals on Bigger Pockets, but its good to have a few cash buyers that you can go to with a deal. Talk to a REO agent in the area who might be able to provide you a list of cash buyers in the area. Start with them. Good Luck

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