Updated over 9 years ago on . Most recent reply
Willing to share wholesaling profits for help!
Hi BP
I've sent out some direct mail and have gotten responses but no cookie cutter type scenarios. As expected but I don't know what to do with them! All out of state owners, situations are like these:
-"Cabin up north" in resort association with small bedrooms NO CLOSETS in 2 of the 3. Rest of house very small rooms.
-Elderly couple, small lot, 60x60, with a 3 season cabin. Owner says its a tear down. She's been going there for last 73 years for the summers. Not a typo there. The reason I would be interested is that it's in a subdivision right off of Lake Geneva with lake rights including pier, beach and buoy. Highly desirable area, people do tear downs and new construction all the time and she said about 25% of her neighbor houses have had this done.
-House owned free and clear in good condition, Zillow says 320k. Seller seems strangely and vaguely motivated even though it seems like a nice house in a good area that is rented till July. Has had long term tenants that are moving out.
-Owner disabled and doesn't want to pay for house anymore but granddaughter is living in it. House listed with agent, seems to be priced below market but has been sitting and she just renewed listing a month ago. Anything to be done with a listed house?
-Zillow estimate is 327k, owner has relocated Owned for 30 years and owes 110k.
-Another one listed with agent, 62 days
-3 calls with vacant lots.
I don't know enough to know whether to throw out or pursue some of these and it's causing me to freeze. Would appreciate some help and mentorship. As mentioned in subject line, I would gladly share profits at a reasonable, industry standard rate for help from someone with a track record in wholesaling. Any and all help would be very much appreciated. Thank you BP!
Offering
Most Popular Reply
