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Updated over 3 years ago on . Most recent reply

User Stats

72
Posts
32
Votes
Anthony Phillips
  • Realtor
  • Lebanon Tennessee
32
Votes |
72
Posts

Driving for dollars and making offers

Anthony Phillips
  • Realtor
  • Lebanon Tennessee
Posted

So I have a couple questions when it comes making offers on properties that I find that are distressed.

I am interested in properties that would work for the BRRR model mostly but wouldn't be apposed to a fix n flip

So I have found some properties in my area that are distressed by driving for dollars around town.

I am currently located in Nashville, Tennessee so I know there is alot of advertising for companies to buy your house and I need to stand out.

How would you go about contacting these owners and making them an offer. I know I could just knock on the door and ask but I think the best way would be to put a letter in the mailbox.

1. What are some things guys would include in the letter?

2. If I do get someone to reply to my letter and they are interested doing a deal do I have to have an agent lined up to write up a contract for me?

3. Should I have financing already lined up for a deal if someone does want to accept my offer?

4. I know this probably won't happen lol but if I do find multiple deals that will work but can not fund them what would you guys do? I know you could wholesale these properties but have no experience with that.

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