Updated almost 10 years ago on . Most recent reply
Cincinnati Wholesaling First Lead
Hi everyone,
I am a brand new wholesaler in Cincinnati, Ohio but at the moment I've only targeted the Hamilton and Fairfield areas. I'm determined to expand throughout the city!
I actually just got my first lead today and am trying to analyze the deal but its way more complex than what I thought my first deal would be.
So this guy says he owns 3 pieces of property, free and clear and he needs to sell so he can move in with someone in downtown Cincinnati and not have to take care of them. These properties are all in downtown Hamilton which is probably at the low end of working class. Two of the properties are houses; one has had a lot of renovations done including a new roof and the other needs quite a bit of work. Both are around 700 square feet and one has an unfinished basement. The 3rd property is an empty lot, and it looks like a perfect piece of land but on one side is a boarded up house and on the other is a plant overgrown house.
What about bundling all 3 into one purchase?? I could probably get a much better deal if I did that but I haven't heard of that being done.