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Updated over 12 years ago on . Most recent reply
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I have leads... now what?
Through various marketing strategies I have a few people willing to sell their homes and are open to offers... here's the rub. The homes are in great shape, they are free and clear, and the sellers aren't crazy about holding a note. So my question is this: should I even bother trying to get these deals under contract? and at what % of ARV would buyers be interested if no rehab needs to be done? I know this is probably a buyer-specific questions. I just hate throwing away someone willing to sell that has nothing but equity only because I can't get it at 50% of ARV...
any thoughts would be appreciated.