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Updated over 5 years ago on .

User Stats

28
Posts
3
Votes
Richard S Myers
  • Ogden, Ut
3
Votes |
28
Posts

Approaching preforeclosed properties/owners

Richard S Myers
  • Ogden, Ut
Posted

Hey guys! Reaching out to my fellow BP members to ask a potentially silly question.

As far as motivated sellers, a preforclosure trying to sell on the mls, can I realistically ask for a significant discount if I know I can flip the property quickly with profit(only if I can get them to agree to a relatively steep discount (20% ish)?