How To Market This Whole Selling Deal?
Hi, I've got a house through tax lien in another state. I've had the investor to check it out and it looks like it required 20k-25k to rehab. The market comp in that area is $50-60k. What price do you think I should sell it for as a whole sale deal? I'm thinking around 12k. Is that reasonable?
Also, since I don't have any connection in that state, what is the best way I can find investors? If I advertise in the paper, will people call since I have a out of state phone no.? they might also take advantage that in the negotiation too right? I'm very worried. please advice.
12K sounds about right. with regards to them trying to take advantage in the negotiations, baloney! The price is 12K cash, Now. First one to pay the money gets it, PERIOD! No negotiating, At this price they would be calling you over-seas if they had to.
Good luck,
Jeff