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Updated almost 11 years ago on . Most recent reply

User Stats

88
Posts
13
Votes
Dusty Warner
  • Real Estate Investor
  • Bulverde, TX
13
Votes |
88
Posts

Using my 10 acres to fund my first couple flips

Dusty Warner
  • Real Estate Investor
  • Bulverde, TX
Posted

So I own 10 acres of land in Texas free and clear. Ive had it listed for a couple months now at $89,000. This is what my realtor told me it should be listed for. No offers yet..

 My father does not want me to sell it, he offered me $60k so we could keep it in the family, but I really don't want to sell it for that much below market value.  I originally bought the property from him when he needed money.  Im looking to start my first flip soon and really could use some cash to cut out the hard money lender.  Any ideas how I can use the property to get some cash that will benefit both my father and myself?? my ideal situation would be to keep the property or have the option to buy it back....

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