Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

125
Posts
36
Votes
Rob Witt
Pro Member
  • Indianola, IA
36
Votes |
125
Posts

Wholesale Deal or no deal?

Rob Witt
Pro Member
  • Indianola, IA
Posted

I have found a 4 bed/ 2.5 bath from a "For sale by owner". The property has a walk out basement, Generator, option for first floor laundry and the HVAC and Water heater are about ten years old (house is about 45 Years). The person would prefer to leave the appliances and security cameras but that is negotiable. 

For price they want 215K after speaking with them they were willing to take 180K as the lowest (encouraged me to make an offer to see if they would take it). Comps I did around varied, some were close to 180k with not being exact other comparable homes were in the 237k range. 

Other than the galley kitchen, square feet differences and number of bathrooms I'm at odds about where to go from here. Please let me know what you think and thanks in advance.

Loading replies...