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Updated almost 7 years ago,
Wholesaler in Detroit first potential deal
Hey everyone! I’m a active new wholesaler never done a deal before. I’ve been marketing for a couple weeks gotta text from this guy who owns this home he’s selling this 90% move in ready 3/1 bath home (updated kitten & bathroom) in Detroit. I’ve check comps homes are selling around 20-45k around the neighborhood rent going from 750-900. Nice home just need front & side doors maybe tlc needed to the garage & basement. My question to you guys is how do I determine what to offer in order to make a small assignment fee and be able to sell at the price an investor would want. I’ve always get stuck at this stage, I don’t want it to go away because it’s a potential deal I believe. Any suggestions?