IS THIS A MOTIVATED SELLER OR NOT? 📍 Real Estate Wholesaling - myEmpirePRO

IS THIS A MOTIVATED SELLER OR NOT? 📍 Real Estate Wholesaling

Home / Real Estate Wholesaling / IS THIS A MOTIVATED SELLER OR NOT? 📍 Real Estate Wholesaling

QUESTION ⁉️ “Hey,

So I’m meeting with a seller on Tuesday to check out this home and I wanted to see what tips you might have or what you would recommend regarding making an offer.

The numbers are pretty tight so I don’t think I’ll be able to make a cash offer while still making it a Win-Win-Win.

I’m considering the possibility of a finance offer but have never made an offer for finance so any tips or help is greatly appreciated!

Here are the details below.

ARV: $140,000

Mortgage Balance: $80,000

Est. Repair (Before Due Diligence): $15,000

Seller Asking: $150,000

Motivation: Inherited this home from a family member that passed, wants to use proceeds from the sale to move into a new home.”

Making a creative finance offer is not always feasible. For example in pre-foreclosure wholesaling, you would need to factor in the cost of bringing the delinquent lien current.

The math has to add up to profits after the owner and the lien holder is taken care of. At the end of the day, the number one factor is the motivation level of the seller.

ENJOY THE VIDEO!

Motivated Seller Leads List