Current situation. Seller wanted 150k. I offered 125k. No ernest money. Exit clauses. 21 day inspection. 30 day to close. They came back today at 145k accepting all conditions. My fee was at 20k. This home is not on market, the home owners mother is a realtor however. This is her message to me about comps on the same road or road connecting to this road. 1** L**** sold AS IS in April. It’s 4 beds/2 baths. Purchase price was $178,000.00. Very comparable as far as rooms and obviously location, but 674 sq ft smaller. It sold for $170 per sq. 3** H**** sold in May. 3 beds, 2 baths, ranch (no basement), less sq ft. Remodeled, sold for $187,000.00. It sold for $143 per sq. 1** H***** is currently pending. Remodeled 3 beds, 2 baths, 1128 sq ft (546 sq ft smaller) Sell price is $219,000. It’s selling for $194 per sq. By that math, 1** L***** remodeled could list for approximately $284,000.00. That’s at $170 per sq. You could honestly go higher based on what the remodeled properties are listing at. But I’d err on the side of caution in this market. I still think ARV is more so 230k. Do I lower my fee and offer 130 / 135? Thoughts?

I have a deal working. Seller wants to see the contract. Did you use the contract provided here or did you Reword or rework this template? I am in ky. I had chat GTP write me one removing anything referring Ernest money. I want to also make sure it is 100% known i am doing this on assignment and bringing a cash investor to the table and if it does not happen, I am not financially responsible. Also, how long did you put in the contract for time before closing etc.

I replied to a fb post where an investor is looking for a flip, told him to send me his contact because I am working to secure one. I gave him some info like the size and estimated cost etc. But not the address. Well, guess what 2 people are asking for now, the address. I do not have this under contract yet. What is my next move, no reply until I have it under contract? Details are Arv 230 +/- 10k Repair cost ~45k My fee ~15K Home purchase price (Hopefully 125k)

I replied to a fb post where an investor is looking for a flip, told him to send me his contact because I am working to secure one. I gave him some info like the size and estimated cost etc. But not the address. Well, guess what 2 people are asking for now, the address. I do not have this under contract yet. What is my next move, no reply until I have it under contract? Details are Arv 230 +/- 10k Repair cost ~45k My fee ~15K Home purchase price (Hopefully 125k)

Im on zillow, looking at fsbo and pre foreclosure. I came across a "pre foreclosure" but it has an agency listed. Its not priced bad at the moment. Does need an entire basement gut. Est. 1000 sq ft in the basement. Any advice since this has an agent listed? Go for it? Avoid?