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Buying & Selling Real Estate

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Johnny Brown
  • Rio Linda, CA
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I go meet with a seller today

Johnny Brown
  • Rio Linda, CA
Posted Jul 24 2014, 04:44

So I meet with a seller today after talking on the phone for about 2 days.

His asking price was $73,200

The comps in the area are between $120,000-$125,000 ARV

After talking on the phone I got him down to 56k 

Today we put the house under contract

Now I told him I was buying cash 

The thing is I have not talked to a hml yet 

Should I have done this before making that kind of offer. 

This is my first true deal. I took some time off to learn. This lead came from tons of signs I put up in my local area. 

Can someone please give some input. 

When should I seek hml or pl? Before or after searching for deals? 

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