Our First deal with Deans Stategies;
In August we started making multiple offers after finally finding a Realtor that is like minded. We decided to start with 5 offers a week. On this property we made multiple offers. It was an REO. The bank kept countering with us. I think we countered back and forth 4 times we started at 117k and they accepted our offer of 85k. I like it!!
We finally closed in September. The house is located in Longview Washington. It is a 4 bedroom 2 bathrooms, 1200 sqft, sitting on a half acre that is zone C2 , which means that a person could build 2 4 plexes on it. Fair market value after fix up is 150k. So it is a pretty good deal.
We have put 4k, including holding costs, in it and will be putting it back on the market next week.
What have we missed I would appreciate your ideas.
Dan and Donna
"Don't tell me I can't, Tell me how I can."