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All Forum Posts by: Russ Walk

Russ Walk has started 1 posts and replied 22 times.

Post: Got my first contract now I need help finding a buyer

Russ WalkPosted
  • Chicago, IL
  • Posts 24
  • Votes 18

I didnt see an answer to the question how much are repairs? That is the main question. An investor will not buy the property if the pruchase cost plus repairs are over 70 percent of the ARV.

Post: Looking for creative solution

Russ WalkPosted
  • Chicago, IL
  • Posts 24
  • Votes 18

you can try lease optioning to someone for no money down, and making them do the repairs. Hopefuly this will raise the value of the property to the loan so the tenant buyer can buy you out. or you can do a short sale.