Comments on: House #12: No Contract http://www.123flip.com/house-12-no-contract Education for the Serious House Flipper Fri, 10 Feb 2012 04:32:24 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: J Scott http://www.123flip.com/house-12-no-contract/comment-page-1#comment-2556 J Scott Mon, 02 Nov 2009 20:18:14 +0000 http://www.123flip.com/?p=1541#comment-2556 Shae, JP - We've had a couple properties go to the fourth offer, so this isn't really too surprising (unfortunately :))... Buyers are tough in this market, and the fact that we can find three or four separate buyers for our houses is a good thing...even if it takes that many to get the deals closed... Shae, JP -

We’ve had a couple properties go to the fourth offer, so this isn’t really too surprising (unfortunately :) )…

Buyers are tough in this market, and the fact that we can find three or four separate buyers for our houses is a good thing…even if it takes that many to get the deals closed…

]]> By: J Scott http://www.123flip.com/house-12-no-contract/comment-page-1#comment-2555 J Scott Mon, 02 Nov 2009 20:16:48 +0000 http://www.123flip.com/?p=1541#comment-2555 Hey Mike - We still have a good bit of room to make a profit on this one...if we ever get desperate we could lower the list price by another $10K and sell it very quickly. Luckily, the holding costs aren't too bad, and we have a 12 month loan on this one that still has over 7 months left, so there's really no rush... Good thought though! Hey Mike -

We still have a good bit of room to make a profit on this one…if we ever get desperate we could lower the list price by another $10K and sell it very quickly. Luckily, the holding costs aren’t too bad, and we have a 12 month loan on this one that still has over 7 months left, so there’s really no rush…

Good thought though!

]]> By: jp moses http://www.123flip.com/house-12-no-contract/comment-page-1#comment-2554 jp moses Mon, 02 Nov 2009 18:35:56 +0000 http://www.123flip.com/?p=1541#comment-2554 I hate it when Realtors start avoiding calls...OK, let me rephrase. I hate it when ANYONE avoids calls...simply because they don't want to have to give you bad news. So frustrating...and immature. Having said that...GO LUCKY NUMBER 4! :-) ...jp I hate it when Realtors start avoiding calls…OK, let me rephrase. I hate it when ANYONE avoids calls…simply because they don’t want to have to give you bad news. So frustrating…and immature.

Having said that…GO LUCKY NUMBER 4! :-)

…jp

]]> By: Shae http://www.123flip.com/house-12-no-contract/comment-page-1#comment-2553 Shae Mon, 02 Nov 2009 17:05:26 +0000 http://www.123flip.com/?p=1541#comment-2553 Who says that the 3rd one is a charm?!? The 4th one has been a charm for me more than once. LOL! I'm sure you'll get that buyer soon. Hope the baby is doing great! Who says that the 3rd one is a charm?!? The 4th one has been a charm for me more than once. LOL! I’m sure you’ll get that buyer soon. Hope the baby is doing great!

]]> By: Mike Z http://www.123flip.com/house-12-no-contract/comment-page-1#comment-2552 Mike Z Mon, 02 Nov 2009 05:33:32 +0000 http://www.123flip.com/?p=1541#comment-2552 Not sure of the holding cost but could you maybe refi the loan and turn it into a long term rental and just move on? Some of the house I buy are always destined to be rentals Not sure of the holding cost but could you maybe refi the loan and turn it into a long term rental and just move on? Some of the house I buy are always destined to be rentals

]]>