Yesterday, I have seen, just 2 hours after listing, this home listed at 410k. I was planning to provide full cash offer and tried to do some analysis one day before final decision !
Pocket or private sale is the best way to buy if you can pull it off (find one). No one to compete with but yourself and your contractor. That’s how I bought all of my properties. It’s def tougher to find today (private or MLS) but I am getting my cash ready to pull the trigger should an opportunity present itself…
I’m not an expert on how MLS works, but I think they are required to list it to publish the sales history. I remember @Elt1 or @ptiemann explaining it before.
Gonna have to do some big time digging and poking around these days. As you can imagine, there may be a wart involved (tenant occupied, run down shape, etc) to explain why someone doesn’t want to go to market. Fine, let me know what the wart is and let me decide if I want it or not. I have no problem with that. I def make it a point of networking with a lot of realtors and see if they have anything. I do use some of my other properties as carrots to entice folks to chat about maybe swapping properties, etc. Doesn’t hurt to try.
I am still considering all offers, if you want to up the ante…but I need something back!!! No way in heck Uncle Sam gonna take me profits…no way!!!