Originally asking $152k for wiggle room, buyer offered $145k cash.

Originally asking $152k for wiggle room, buyer offered $145k cash.

Hey Samson, I am also here in Tampa and I am new as well so my advice is worthless.. but Much success and happy hunting.

Yes a MLO is different, they qualify the buyer and keep you straight during the origination process.

Best case for most investor buyers would be if a tenant is month to month, so then as soon as you close on the property you could present the existing tenant(s) with YOUR new lease with your preferred terms and likely higher rent rate, and then they will either accept or you can negotiate or decide to give them notice.

A SFR is very easy to sell and has a much larger pool of buyers.

Looking forward to the wealth of knowledge that’s on here.Happy hunting.

The other side of rental investments is what I call DIY rentals -  which means the investor either hunts for deals themselves, hires an agent, uses a friend who lives in the market, or some combination thereof.

And also something I’m quite nervous about finding in this area are rehabbers and buyers since I’m not getting a lot of investor responses around Marysville.

You can also house hunt in parallel but it seems NJ is going to be out of reach.