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

[Reginald S.]

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.

[Elizabeth Colegrove]

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 ;)