Could there possibly be an oppertunity here??? - Posted by Ryan(MI)

Posted by Laure on March 19, 1999 at 09:11:43:

oh YEA ! That’s a great idea. I know a builder who just did that on a house retail value 160,000. So, it DOES happen !

Good luck
Laure :slight_smile:

Could there possibly be an oppertunity here??? - Posted by Ryan(MI)

Posted by Ryan(MI) on March 18, 1999 at 13:27:34:

About two blocks away from my house a developer is putting up 10 new houses all of them are exactly the same and they are worth about 100-120K each. 5 of these house are almost finished and none of them are sold yet. Their in a fairly nice area with good schools. Every time I drive by the lot
I wonder if there could be a possible oppertunity here being that the houses arn’t sold yet. I dont have the money to buy these houses myself and L/O them.
Any imput would be much appreciated.

Re: Could there possibly be an oppertunity here??? - Posted by DavidV

Posted by DavidV on March 18, 1999 at 20:37:43:

You don’t need to buy them. Go to the builder and ask if he will L/O one or more to you. If he has several completed at once he might be motivated to do this.