All Forum Posts by: Kirsten C.

Hello, i am new to Bigger Pockets Pro. I seem to be having the same problem in my market. Even the lowest priced deals I have found don't work. A foreclosure that caught fire after listing it, finally sold for 76K but was listed at 99Kthen reduced to 88K. It already had foundation issues and needed a roof and new siding and windows and of course interior updating. It, at the very least, needs a top level total gut; the fire happened in the kitchen but smoke and water damage were in every room of the top floor of this split level. An estimate of final value is approximately 150-170K based on the neighborhood.  Another one is listed for 73K and is in the condition and location of properties that I think most flippers or brrrr would say they would have 50K all in: rehab plus purchase. I just don't see how they can do it. That is why I am now directing my education toward wholesaling. And am going to read J Scott's book on Flipping Houses. I must be missing something or I need to look in another market.