Some properties fall between the cracks.
What does “between the cracks mean?”
A retail buyer or an investor who uses a mortgage would not be able to get this house qualify by an appraiser, the reason being it needs some work in order to pass appraisal. This level of work is not something every buyer is willing to do, or merely because of the cost associated.
House flippers may not see enough profit margin and pass this one.
This creates a great opportunity for a cash buyer investor who is willing to do some of the work on this house to make it livable.
As a buyer who has the ability to buy cash, you should see this ”pulling in between the cracks” as a great opportunity.
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