Saturday, October 07, 2006

Could you use a Real Estate Coach?

Hey its David here.

Marketing was a bit slower this week and was a welcome relief. I have been buying so many houses this week I dont get enough chances to slow down. Today i met a seller to sign a contract to wholesale the Peach house i have been writing about. My buyer is another wholesaler who is flipping it to a regular buyer of his. My sales price is $96,000. Now i wouldnt mind taking this house all the way through the rehab and trying to sell in the 170-190k range but I always will take a wholesale deal first and take the fast money as I always have more deals in my pipeline i can fix up and take all the way to a retail sale. We will see if this buyer follows through as so many investor buyers do not close.

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