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Updated about 12 hours ago on . Most recent reply

User Stats

6
Posts
1
Votes
Irma Leibas
  • Real Estate Agent
  • Indiana
1
Votes |
6
Posts

More difficult then I thought

Irma Leibas
  • Real Estate Agent
  • Indiana
Posted

Frustrated and feeling annoyed!  I'm coming to find out that it's a lot harder to find a decent deal to fix & flip, let alone getting a seller to accept my offer.  Apparently, a lot of sellers don't want to accept hard money loans for financing.  They prefer cash or traditional financing.  Is there anyway around this? I have spent hours and days searching, viewing multiple properties, and writing up offers, and I keep getting turned down.  

It's insane how some of these properties are falling apart in Gary and Hammond, Indiana, and they want 30-50 grand! LOL!! There's not much of a profit to make.  So now I'm wondering if I should just purchase a turn-key property to rent out.  

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