Distressed Deals are hard to come by...
Im a florida wholesaler about to expand to another state because my gosh florida feels saturated... Ive closed a few deals this year and working on a few more but just seems like theres not too many investor out there willing to buy; or if they're willing to buy they want to buy DEEP for example.
Had a house in Fort Pierce with an ARV of $330k+ it needed moderate to full rehab but my highest offer was $165k which forced me to renegotiate the deal to the point where i just about lost it just to get it sold for a $5k profit. What is this ?
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Hi Hermes, got a quick tip for you. Try submitting a right to know request (RTK) with local municipalities for properties deemed inhabitable or placard. They usually can provide you with an excel sheet or csv of the most distressed properties in the city! Let me know if you want the email template I use.