Need some advice from people who have done this before.
I need to fill in some spaces in my community and I simply don’t have the time to chase all over the country trying to deal with individuals. So I figured it would be simpler to deal with banks that have these things available. Here are my questions:
I saw the prices on Vanderbilt for my area and they say these are retail with wholesale prices available to dealers. Can I offer less or get wholesale prices even though I’m not a dealer?
How do I know these homes are any good? Should I go out and inspect them?
Should I take along someone who knows about homes or will my eye tell me everything I need to know?
I should say upfront my goal is not to get a huge return. All I want to do is to make my money back at a reasonable sales price and get empty lots filled up. I can pay all cash so I assume this makes things easier when dealing with the bank.
Does anyone know of other entities in northeast OH who would have repos for sale?
What is a reasonable distance to transport a home? Or, another way to put it is at what distance is it no longer cost effective to move a home?
Are these homes sitting on a sales lot somewhere or are they in various parks?
Has anyone ever bought homes on ebay and, if so, what was your experience like?
Any info you can give me is really appreciated. I need 5 homes now and I feel sort of like a chicken waiting to be plucked. Lousy feeling.
Post Edited (05-23-07 19:35)