Buying fix/flip Homes
Hello! I was wondering how everyone else purchases their properties to fix and flip. I have had no luck with wholesalers and just started trails for carrot and REI PRO. I have put offers on over 20 homes that were on MLS and they always chose another buyer. Thank you in advance.
Most Popular Reply
You need to improve the quality of your offers and to do a post-mortem on each property you lost out on. Have your agent inquire of the listing agents for the properties on which you were outbid to tell you as much as they can about the offers that were ultimately accepted. How were those offers different than yours? Was it price? fast closing? cash only? other inducements? You can also discover actual sales prices in your area from county records. This is not a hard problem but it takes work to figure out where you stand in relation to your market.