Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

27
Posts
6
Votes
Sandy Sciales
  • Rental Property Investor
  • Wilmington
6
Votes |
27
Posts

Wilmington, NC getting calls from sellers with damaged homes

Sandy Sciales
  • Rental Property Investor
  • Wilmington
Posted

Wouldn't you know the week before we started our marketing here in Wilmington, Hurricane Florence blew in. With that said, we went ahead and went forward anyway. We have had a few calls from sellers who own their homes without a mortgage, which is great but as in the case of the one we are going to see today, have roof damage from fallen trees, which entails at least 5 days of rain into the home.

I plan to wholesale the property, has anyone had any experience wholesaling properties with substantial damage? If so please forward your advice~! 

Thank you in advance~

James

Most Popular Reply

User Stats

17,995
Posts
17,199
Votes
J Scott
  • Investor
  • Sarasota, FL
17,199
Votes |
17,995
Posts
J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

it's honestly no different than wholesaling any other property. Just make sure you buy it for a price below what you can resell it for.

Loading replies...