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Updated over 15 years ago on . Most recent reply

User Stats

37
Posts
6
Votes
Dan Favor
  • Real Estate Investor
  • Howell, MI
6
Votes |
37
Posts

Wow help with my first deal

Dan Favor
  • Real Estate Investor
  • Howell, MI
Posted

I will be brief,

I placed an ad for inexpensive house. Got a call and he told me what he was looking for, area, price range ect. Then called my realtor to do a search of what this guy is looking for and I got a match and he wants to see it. The house is bank owned. If he wants to move forward What now! I want to wholesale it so should I make an offer and tie it up before I show him? Asking price is 78k he will prob go 60k what percentage should I try to make? HELP!!

Most Popular Reply

User Stats

956
Posts
214
Votes
Josh Green
  • Financial Advisor
  • Tampa Area, FL
214
Votes |
956
Posts
Josh Green
  • Financial Advisor
  • Tampa Area, FL
Replied

i'm with don. you called your realtor (who more than likely used mls) to locate the property. why wouldn't your end user just call a realtor himself and not pay u a cut?

also, i have a feeling your time here at BP will be shortlived if u respond in such a boorish tone. you state this is your first deal. we need the facts to assist in detemining your fee. how can we assess a fee for an unknown service?

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