I have approximately ten serious buyers who have a home to sell in another state before they can buy. I talked to the relocation person at Gulfstream here in Savannah and she said many of her new hires have homes to sell before they can buy. If you take my situation and consider all the agents in Savannah who are working with buyers who have homes to sell, the numbers add up.
To me this presents an investment opportunity — a risky investment opportunity — one that would require building a trusted network of agents and property managers. It would also require understanding other markets and being able to trust that information.
We all know by now that certain areas are being hit by the national slowdown in home sales. A willing investor could mine this situation for good investments and help break off a little piece of the log jam.
I’ve talked […]
Original post by Mike Farmer and software by Elliott Back
Real Estate Flipping Lease With Option