Updated over 5 years ago on . Most recent reply
Need advice for my 1st potential property
I have a neighbor that has a house here in Flower Mound that was built in 1980. It's a 3/2 and is 1965sq ft. My neighbor doesn't won't to get a realtor involved to sell her house. The comps in the area are going anywhere from $275-285K. She told me that she would sell me her house for $250K as her bottom price. Granted I haven't seen the inside of her home but according to her, she has really taken care of the property. I don't think there's enough meat on the bone to BRRRR it but I don't have the funds in my name either for a flip. What would y'all do? Should I turn this over to a wholesaler and get a finders fee? I would like to somehow some way make some sort of a profit from this home? What should my next move be?