How Would You Approach This?! - Posted by chocolateberriez
Posted by chocolateberriez on August 03, 2005 at 16:30:41:
Hello all newbie here, on her first adventure out.(yeeaahh!) I have an motivated seller owner with a property that he is unable to finish. It’s 2 units side by side, one larger then the other. So far most of the work has been completed, but there is still work to be done. He is asking almost half of what he can get on the open market completed. How do I approach this type of deal? Should I take it under contract and then market to an investor? If so what terms do I offer, to get him to accept? Do I market to contractors? If so, what terms do you approach them with. Also, should I get everything apprasied, and estimated before I make or market any offers to potential investors/buyers? Please help, I don’t want to to let this opportunity slip through my hands.