Real Estate Deal Analysis & Advice

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  • Real Estate Investor
  • Ladson, SC
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First Fire Damage Property

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  • Real Estate Investor
  • Ladson, SC
Posted Apr 17 2013, 13:27

Hey Everyone,
I am nervous about a fire damage property I have under contract. I put it on the market for 27K and thought it was a fair price knowing that the ARV is 125,000. The property is located in Goose Creek, South Carolina. Some individuals know that the area is a great location knowing that the property is located 2mins away from the navy base. I sent the property to my buyer's list and no one respond. So I do not know what the problem is. This is my first fire damage property. I have a feeling that no one on my buyer's list is interested in fire damaged property. I am not sure. I really feel like it is a great investment opportunity. Any advice on what I should do? I know I need a better buyers list. I just feel like every property is a deal as long as you get the property under contract for a great price.

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