Offlinei just recently called an fsbo owner and asked the seller i was interested in their property and they said they wouldnt do a lease option. They seemed really knowledgable and knew what it was. I was surprised. I think they want cash for the property even thpugh its been on the market more than ninety days. They said they had 2 other people interested in purchasing the property but i think she was full mof hogwash. Any advice on how i could convince the owner to see me as a future buyer?
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What is the ARV?
What remodel/rehab is needed and what is the cost.
How much profit do you and your buyer need?
This is how you determine you offer. Either it will work or it will not. Your seller will say yes or no.
Michael Mangham
MD Home Acquisitions LLC
Knowledge is power, but execution trumps knowledge. Tony Robbins
http://www.mdhomeacquisitions.com Seller site
http://www.mdhomeacquisitionsbargainhouses.com Buyer site
http://www.mdhomeacquisitionshousehunter.com Bird Dog Site
http://www.mdlodeals.com Tenant/Buyer site
or find a buyer.
She wants a straight transaction.
even a deal?
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
Yes what are the numbers on this deal, A deal is required to have number's to work with. No numbers no deal......Its just that simple.....
"Action and Mistakes" always-outweigh "Analysis Paralysis"
...Just do It"
http://www.linkedin.com/pub/john-hoening/23/2a3/164
"Action+Knowledge=Success....$$$$$$$$$.....
www.WeFlipDesMoines.com http://facebook.com/desmoinesinvestmentproperties
www.iowarealestateflipper.com
You definitely want to stay in touch with them through their selling process. It is slow and arduous on the FSBO side of things. Somebody will get it it might as well be you.
Follow up on these is crucial and as they get further out they will see it is difficult to sell on their own.
Randy Bailiff
Don't try to convince. Ask questions to see if you can apply a solution for her. What's the asking price? What's the FMV? Does it needs any repair work?