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Updated over 6 years ago,
buying with a wholesaler $30k different in ARV
It's a hot market, but I don't think people are too irrational. I see a property in lakeland, fl, from a wholesaler advertise for $80k, repair $50k, ARV at $180k. I look around the area and I can only see the property can only sell for $150k. Am i wasting both of our time trying to connect to the wholesaler if the different is too high?
I can try to make it work for rental at $1300/month and lower rehab cost ($15k-22k) . But that would be just me talking myself into the deal.