The seller who was able to sell his house fast to Greentown told me: “I would never get into a project like this, but good luck. There are a lot of issues to deal with here.” While these words might have worried a less experienced investor, they were just another day in my real estate journey.
When I first saw the property, I knew it would be a tough project. But my experience had taught me to embrace challenges. Confident, I made an offer immediately. The seller wanted $95K, but I countered with $65K. He wasn’t happy and said, “I can do the renovation myself.”
I stayed calm and suggested, “I had worked on similar projects. I could come close to your price if you financed the deal.” He considered this, and I proposed: “How about $85K with a $10K down payment?”
The seller quickly agreed to $85K with a $20K down payment and 0% interest financing. It felt like living out a legendary deal from online stories!
The deal was beneficial for both of us. The seller got his desired price and was able to sell his house fast and avoided a big tax bill, while I acquired a property in need of serious work. I was excited about transforming this property and improving the neighborhood. Along the way, I employed a small team, sourced materials locally, and added another valuable property to my portfolio.
If you knew someone struggling to sell a property and who might have benefited from a similar arrangement, you could have sent them our way! We were always eager to create win-win situations and make a positive impact.
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931 W. Glen Flora, Waukeagn, IL, 60085
Discover off-market investment opportunities for cash buyers. We simplify your investment journey with our exclusive off-market deals at a discounted price. Opinions of value / rents are given as a courtesy and no guarantees are expressed or implied. Our properties move fast so contact us quickly if there is a property you want to purchase.
