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Updated over 16 years ago on . Most recent reply

User Stats

36
Posts
1
Votes
Justin Scarborough
  • Real Estate Investor
  • Ohio
1
Votes |
36
Posts

Need a solution FAST

Justin Scarborough
  • Real Estate Investor
  • Ohio
Posted

OK. I'm a fairly new wholesaler I have done a few deals and made between 2-6k on each of my previous deals. I have a descent buyers list but I'm struggling to turn this deal.

Details
Property is in perfect shape needs nothing.
Last owner paid 300k for it and updated everything in the house.
I have it under contract for 150k plus back taxes about 10k.

My thinking is that Most people on my buyers list are fix and flip and like to purchase properties around 50k.

So what should I do? How would you market to or find buyers in this price range? Ive spent hundreds of dollars advertising everywhere I can think of. Had a few people wanting to buy and occupy the home but seemed turned off about my assignment fee. I guess I could have tried double closing on it? Any advise would be greatly appreciated.

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