Discount Properties In St. Louis, MO. For Sale To Cash Buyers
Real estate cash buyers are fascinated with the St. Louis, MO. area because return on investment can be fabulous.
They are also intrigued with things like location too.
St. Louis is comprised of nice real estate within the city limits along with many municipalities in St. Louis County that can be a gold mine as well.
Getting a hold of discount properties can be so rewarding when the entire transaction is a “win-win” for everyone involved.
This is usually the case when all parties have this type of mindset and establishes a great working relationship.
Purchasing property at a discount should be the goal for cash buyers but what is exactly a discount?
I guess it depends on the investor but I would say an off market property that is below 30-50% of market value.
Even if its 20% it can be considered a discount property and depending on who is purchasing at what they consider to be below market value.
Distressed properties combined with a discount sounds awesome to a cash investor.