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Updated 3 days ago on . Most recent reply

James McGovern's profile image
James McGovern's profile image
James McGovern
  • #5 All Forums Contributor
  • Flipper/Rehabber
  • from Bloomfield CT
  • Member since Oct 7, 2020
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James McGovern's profile image
James McGovern's profile image
James McGovern
  • #5 All Forums Contributor
  • Flipper/Rehabber
  • from Bloomfield CT
  • Member since Oct 7, 2020
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James McGovern#5 All Forums Contributor
  • Flipper/Rehabber
  • Bloomfield CT
300
Votes |
1,286
Posts
Wholesaling

Attempting to sell at 90% of ARV

James McGovern#5 All Forums Contributor
  • Flipper/Rehabber
  • Bloomfield CT
Posted

I remain eternally confused as to why a wholesaler would approach any investor with a deal that is at 90% of after repair value hoping to be successful. What kind of koolaid are wholesalers drinking nowadays?

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Brandon Vukelich's profile image
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Brandon Vukelich
  • Real Estate Broker
  • from Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
  • Member since Sep 20, 2018
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Brandon Vukelich's profile image
Brandon Vukelich's profile image
Brandon Vukelich
  • Real Estate Broker
  • from Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
  • Member since Sep 20, 2018
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Brandon Vukelich
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
408
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472
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Brandon Vukelich
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
Replied

@James McGovern usually it is their ignorance, incompetence, greed or a combo of all three.

  • Brandon Vukelich
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