There is a high percentage chance that those closing costs are actually going to buy down their interest rate.

haven't posted in a long time so please be gentle...my wife and i purchased a piece of land 3 years ago to build on (for ourselves). instead of building, and due to the madness of "covid" times, we ended up buying a house instead.we've been attempting to sell our land for 3 years now and have had 5 contractual offers. 2 of the buyers ducked out during attorney review for valid reasons (the land is near a landfill that's defunct), 2 because "they didn't know building was so expensive" (come on, do your research), and 1 recent offer backed out three days before closing!

in that other thread a few weeks ago we were talking about how there are actually lots of affordable houses... just in places people aren't moving to / don't want to live. 

Most of the homes were vacant most of the time; the only time you actually saw any real population was during ski season. 

REI's aren't buying properties, they are buying pieces of a market. 

I've actually had some experience with this in the past and know that you can get everything done under one roof if you find the right one.

@Bailey ColemanIs it a priority yes.The cost - doesn’t seem outrageous it also do not know the extent of the damageAlso what caused the mold as you will want to mitigate what actually caused it so it doesn’t happen again

You say you think the make sense, but you don't actually provide them.2) Second position?

Curious to hear from people who have actually taken a swing at this and how it turned out

Actually generate motivated seller leads.