All Forum Posts by: Myles Ngumezi

Hey BP! I have a newbie wholesaler's scenario!

So I've been yellow lettering my butt off and I received a somewhat interesting lead. I have PATLive setup so here are some of the criteria from the lead:

- Asking Price (from seller): $75,000 (which I'll obviously talk down!)

- What the seller owes on the house: $51,000

- Payments current or behind? Current

- How quickly he wants to sell? ASAP

- Any repairs? Cosmetic

Now, here's the fuzzy part. 

#1. A house just sold on this man's same street for $35,000, which is what I plan on talking this guy down to (and even below that!)

#2. I'm still a newbie, so how can this deal get worked when the man still owes on the property? If at all?

#3. I actually had another question but I've seemed to have forgotten it. Dang!

Anyway, help! Any answers will help. I plan on calling this man back today. Thanks!

@Jerryll Noorden very inspiring post! Definitely motivation and I appreciate the wise words!

@Anore' Allen thanks for the tip!

@Ned Carey ok thank you! I will definitely look into that.

@Ned Carey thanks! I was playing with the site, and it seems as if I have to enter an address to see results for that one address. Is there any way one of these sites can give me an actual list of multiple names and addresses that have vacant/tax lien properties?

@Michael Mullins thanks!

I'm into wholesaling and I'm from Houston, TX. I want to find more vacant and tax lien properties, and I was told to search the local site for public records, but I don't know the actual website name. Can anyone point me in the right direction for this issue? Any help is appreciated, thanks!