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Updated over 10 years ago on . Most recent reply

Reginald S.'s profile image
Reginald S.'s profile image
Reginald S.
  • Wholesaler
  • from Manning, South Carolina
  • Member since Jan 24, 2012

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94
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Reginald S.'s profile image
Reginald S.'s profile image
Reginald S.
  • Wholesaler
  • from Manning, South Carolina
  • Member since Jan 24, 2012
Reginald S.
  • Wholesaler
  • Manning, SC
16
Votes |
94
Posts
Wholesaling

I buy houses as-is but what do I do with tear-downs?

Reginald S.
  • Wholesaler
  • Manning, SC
Posted

Hello all! I would like to know just how you guys handle 'tear-down' leads if you know that you don't already have an investor that will buy them from you on your buyers-list? My marketing states that I buy houses as is and I want to make sure that I do just that. 

Thanks

Reg. JR.


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Elizabeth Colegrove's profile image
Elizabeth Colegrove's profile image
Elizabeth Colegrove
  • from Hanford, California
  • Member since Jun 15, 2013

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Elizabeth Colegrove's profile image
Elizabeth Colegrove's profile image
Elizabeth Colegrove
  • from Hanford, California
  • Member since Jun 15, 2013
Elizabeth Colegrove
  • Hanford, CA
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Elizabeth Colegrove
  • Hanford, CA
Replied

If you are buying a tear down you make an offer on the price of the land minus costs to tear the house down. Now you have land value ;)

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