No Repairs

[N/A N/A]

Hey yall ... I have a question. I got an email from an investment company that has a property for sale. The property is a practically new build (2006). Its a 4/4.5/2 4310 sqft. The market value (per the investment company) is $385K. They're asking $349,900. I know this isn't 70% below market, but its a new house with no repairs.

My real question is why wouldn't the investment company sell this house on the retail market themselves as opposed to wholesaling it if its such a great deal? I'm suspicious of it because it is new and they're harping on how great of a house it is, but THEY'RE not selling it at retail. Why wouldn't they?

I called and left a message for them to call me back so that I may ask questions, but I haven't heard back yet. Just thought I'd put this on the table for discussion.

Thanks for any feedback. :cap: