Three investors analyze a 200+ acre property listed at $750,000-$775,000 that sold for $300,000 in 2021. They suggest skipping a $700,000 offer and instead lowballing at $525,000-$625,000 with an income test, then using creative seller financing to close the gap.
Are you in the deal room? I think it's listed on Zillow still for $750,000 or $775,000.
Okay, so $750,000 to $775,000 for 200+ acres. So it says pass on the $700,000.
Unless you can get it for, you know, $525,000 to $625,000. Income test.
And I'm pretty sure I looked up that they bought it in 2021 for in the $300,000 range. So I know that there's—
Yeah, there's a narrow amount offer.
Well, we're direct to seller also, and I know that they're willing to go creative offer as well, seller finance. So there are, there is some, there is some play there.
