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Updated 16 days ago on . Most recent reply

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81
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27
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Kay Sam
27
Votes |
81
Posts

SFH Flip Sell Fast

Kay Sam
Posted

In need of ideas here for a fast sale that will protect my liquidity. Fairly new investor with almost 2 years of flipping experience under my belt. I started with mobile homes and transitioned to SFHs.Current flip in Garland Texas that is at day 75 on the market with minimal showings. Listed property a few days after Thanksgiving 2025. Home is all brick, converted garage and no carport, solar panels (paid off), finishes quartz, LVP flooring throughout, updated completely. From the feedback received, buyers don't like solar panels despite being paid off as it's pricey to remove and or maintain, converted garage area space is not functional, not having covered parking and the price are pain points. Initial listing was at $305k, dropped today to $289K AND a $2K agent bonus. My break even is $278K. So I am barely going to make anything that's made the deal worth it. Therefore, my main goal is protecting my liquid cash and getting it back without losing MORE money. What are my options to sell FAST? I've checked out comps in the area and some are as low as $269K- not an option for me. Is there anything else I can do? My HML isn't a huge issue for timing as it's a 12 month loan, however bleeding interest monthly is an issue. Renting isn't an option as the comps for rent is $2,000/month which barely covers my baseline not even including utilities.What are my options to sell ASAP? Are solar panels really that big of a pain point?

Most Popular Reply

User Stats

5,255
Posts
7,602
Votes
Marcus Auerbach
  • Investor
  • Milwaukee - Mequon, WI
7,602
Votes |
5,255
Posts
Marcus Auerbach
  • Investor
  • Milwaukee - Mequon, WI
Replied

It's not one thing, you have a combination of things that are compounding:

- $305,000 list price - killed first week momentum
- it's a 250k neighborhood, everyone filters up to 300k, you had a ghost listing
- now people are wondering what's wrong
- tiny price drops make you look lost, then you had one increase for $900??
- the photographer used the wrong lens for bathrooms - cell phone pics????
- pictures are confusing in order and flow - no sense of layout
- kitchen is not finished (no hardware, no crown, only one tiny light fixture
- some of the finishes look sub par, painted old cabinets
- bare minimum light fixtures, too little in number and cheap looking
- yard looks terrible, what happened to the lawn???
- why did you remove the car port behind the house?
- No place for second car..
- backyard looks like trailer park - and the layout is not easy to understand for photos
- overall the finishes look nice, but a bit soul-less, no promise of lifestyle


Another price drop won't fix your issues. If you are renting it now, you'll get it back smelly and worn in a year. Solar panels are of no consequence. Take it off the market, fix the problems, stage and re-list 

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