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Updated over 9 years ago on .

User Stats

107
Posts
19
Votes
Henrietta M.
  • New to Real Estate
  • Ogden
19
Votes |
107
Posts

possible Missouri small town wholesale but need advice & HELP

Henrietta M.
  • New to Real Estate
  • Ogden
Posted

So I decided to try contacting some out of state fsbo's and see what happens. I've been wanting to virtual wholesale for a while now. Anyways, I found a few very motivated sellers with 3/2 sfh. Basement, yard, park near by. ALSO, there is only two elementary schools in town. It is rented consistently for $400 monthly and is priced twice as much as the LTV. Problem is, they are in a small 4000 population town.

I feel like I don't know how to even wholesale locally so I shouldn't be contacting out of state owners. Also, I have no idea who to market these deals to. Most buyers need city deals or close to city deals.

Can someone please help me out with if I should even bother these? Also, help analyzing an offer price better.

Thanks