Todays' FSBOs could be Tommorrow's Deal....a creative tip to try!

Thanks for taking the time to share your idea. We will give this a try.

Lea
SPR Property Solutions, LLC

Great brainstorming! I will keep that idea close. Takeya

Thanks for the comments. Please let us know if you have any luck in the future with this idea. I believe it could lead to some good deals. Believe and Achiueve! - Joe

Thanks for the comment. I believe the more we brainstorm the more ideas we can all try and see what type of results we can have. I hope this idea turns out to be a winner. Believe and Achieve! - Joe

Joe, this is another way to go at a prospective offer. You also know that the owner will consider keeping your information, in the event it becomes difficult to sell the property. Excellent idea, God Bless.

Sandra

Thanks for the comments and the insight. This is so true that being an investor is all about networking and marketing. The more we get our name out their the more opportunities we may discover. I even think that some of the FSBOs you leave your contact information with may even refer others to call you if they have a home they are trying to sell.

I remember about 2 months ago I looked at one FSBO and the gentlemen told me his relative was also trying to sell her home but it was much larger and in another town. I called anyway to find out, it did not work out but it was nice to get a referral. One day those referrals may turn into deals! Believe and Achieve! - Joe

We will be happy to let you know how this goes for us. Thanks again.

Lea
SPR Property Solutions, LLC

I like it Joe, the way i look at it,If an owner only owes say 100k on a home and are selling it for 225k and the value is say...260k, maybe you can offer 125k through a conventional loan and ask them to hold a note on the other 100k with no interest. they get whats left after all is said and done of the 125k at closing. They sell the home as well as get a check every month and you have a great deal with equity.

That is a very creative exmaple of a deal. Thanks for sharing it. I believe this can work especially where sellers have a lot of equity in their homes. Today, there are so many hoems on the market that selllers may consider carrying financing or a part of financing to get the home sold.

Believe it or not I have seen homes listed as a FSBO and in less than a month they get listed by a realtor. Thus, our window of opportunity is there, we just need to have the plan and move on the plan. I also believe that if sellers have time to think about your offer or interest they can contact you in the future if they are ready to deal. Good luck with all your deals. Believe and Achieve! - Joe

Joe, you are so true. Networking makes contacts, just mentioning what you do in a casual conversation could s strict up a deal. We just have to begin thinking a "lot" differently. Thanks so much for bringing this idea to us.
God Bless.

Sandra

Thanks for the comments. I would also add that it is so important to carry business cards and flyers everywhere you go. You never know who you may run into and as you do your normal day to day routine you can hand out cards and hang up flyers in stores. Believe and Achieve! - Joe .