I'm not the biggest fan of selling it unless you have somewhere else to put that money or NEED to sell if you're not cashflowing.

I have thrown multiple offers at a seller that only wants to sell his properties via seller finance.

You can either put it in a LLC with both of us as owners or you could create a LLC which is owned by each of your individual LLC’sIn the latter instance it would be easier for one of you to sell your interest

For this example we will use 70% For this formula you will need to know the following:ARV=After Repair Value ( How much will the house will sell for after making all the repairs needed)Repair Estimate - (Send me a message and I can send you a list I got from my mentorship class for ball park estimates based on square footage and depending if you need cosmetic repairs, avarage repairs or Extreme repairs)Your Assigment FeeARVx.70 - Repairs - Your Assignment FEE = Max OfferExample$200,000 x .70 = $140,000 - $30,000 (repairs) - $10,000 (your profit) = $100,000 (offer)Your potential profit is $10,000 I hope this formula helps you make offers that will make sense for all involved in the transaction.Happy Wholesaling,Lily Rodriguez - Investor friendly Broker

For example, if rates drop below 6% many more buyers will enter the market putting more pressure on demand and raising prices while owners with 3% ish rates won't sell until rates go to at or below 5%.

Someone else said what I should do is build a house for $300k and sell it for $400k?

-Cash out Refi with a private lender who has higher rates/fees-One of my friends buys a property in the name of his LLC, rehabs it, then sells it to his spouse.

So, if you sell the LLC and then the LLC defaults on the loan you are still personally on the hook!

This is using updated data from the MLS and Redfin.Median Sales Price: $382k (down 2%)Median Single Family Price: $433kMedian Townhome Price: $333kMedian Condo Price: $270kAverage DOM: 35Number of Homes Sold: 296 (down 6%)Homes receive 2 offers on average.19% of homes sell above asking still.Average Sale-to-List Price of 98%67% of homes utilize a price drop to attract buyers.The most popular neighborhoods were:- Brier Creek- North Hills- Downtown- West CaryAccording to CBS News: "Raleigh is #2 hottest real estate market in the US, Durham is #4, according to 2024 rankings"Inventory is still below the "norm" but significantly higher than it has been in recent years.

It sounds like the bank is selling the property at an inflated price.