How Much To Sell For??
hello all as L/O buyers let me pick your brains if i may. I obtain properties for my investors at usually 25-30% under market they want to flip these properties quickly so they can reinvest. I would like to sell these properties off at 10% under to make a quick sale and have a company that buys properties for L/O's, i am going to appoach them about buying my properties but in an effort to not be laughed out of the room 
i would like to know your feedback on whether 10% is typically a decent price to get into these deals. They need minimal to no fix up as many have already been doctored up for re-sale. Any thought would be appreciated
Yes, it would be for me. I would L/O houses at 90 percent of FMV all day long (if I could find them). I'm going to buy at today's value (or less) and sell at tomorrow's value.
The above would only apply for a sandwich lease scenario, of course--not if I had to cash you out up-front.
can you explain what a sandwich lease is?
Sure. I lease it out from you with an Option to buy it in a year (or longer) during which time I am responsible for the maintenance and repairs, and then I lease it out to a Tenant/Buyer with an Option to buy it. Presumably, I take all the risk, and then you get cashed out ASAP (a year or two). In the meantime, you collect hassle-free rent payments and also get the tax benefits of having a rental property (depreciation).
ahh ok i appreciate the response not what my guys are looking for but at least im learning some stuff :-D
They probably want more profit. Why not split the 25-35 percent equity amount equally?
the equity amount is split between the investor and my company, i do believe i can make the sandwich lease work out I have a few holes i need to fill before i can do it but i think it will work out great. When you do a sandwich lease i assume you lease it out from the owner for barley over thier loan service costs correct? Then you L/O it to your tenant for x amount and sell it and that is where you make your profit which is probably a great return on your investment correct?
Correct. As an investor, we are mainly looking for people who need debt relief (help with making those payments). If that is their concern, they are much more amenable to the idea.