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Updated almost 13 years ago on . Most recent reply

User Stats

718
Posts
270
Votes
Jason Merchey
  • Investor
  • Hendersonville, NC
270
Votes |
718
Posts

Pointers for Approaching Distressed Sellers Off-MLS

Jason Merchey
  • Investor
  • Hendersonville, NC
Posted

I am a newbie, but kinda not to far from breaking out of that category. Yet, I still don't think I know enough to approach a distressed seller (who is not a short sale at the time). As in, I kind of understand the goals and steps, but not nearly enough to actually try it. Any suggestions or pointers as to what source to read up on, or a mentor to approach? Let's say I had cash today (I am awaiting a condo I have to sell to free up cash) and had a desire to fix/flip with a back up of holding it/renting it, how do I know how to assess and pull off a sale?

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