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Updated almost 3 years ago on . Most recent reply

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Gino Angelo Peguero
  • Real Estate Agent
0
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19
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Under Contract with Another Agent

Gino Angelo Peguero
  • Real Estate Agent
Posted

I'm under contract for 145k, the comps (ARV) in the area are around 325k-355k, I showed the agent want comps he needs to make the fix and flip to work. He's brining newbie Investor that really don't have enough experienced in fix and flips and now my deal might not even survive. I spoke to several contractors and we all agree around 100k for repairs. its a 3 bedroom and 2 baths 1800 square ft, 2 stories I thought he had an investor that wanted to take over the project but they keep showing the property to other what to be investors. I've extended the due diligence period already, I'm about to panic. Did I price it to high?, are the cost of repairs beyond what I budgeted. What options do I have now? I really don't want else to do with this situation, https://www.zillow.com/homedet...

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50
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22
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Brandon DeVega
  • Real Estate Agent
  • New York, NY
22
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50
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Brandon DeVega
  • Real Estate Agent
  • New York, NY
Replied

You may want to go on Instagram and reach out to @AtMyBest197 he always has great advice and may be one of the greatest people you can connect with as far as Real Estate Investing. He definitely possibly can give you some great advice in your situation. @Gino Angelo Peguero

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