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Updated about 4 years ago, 11/02/2020
First potential wholesale deal
I got my first response from someone who wants to sell their house, but I don’t think it’s a good wholesale opportunity. The “Zestimate” for the house is $437k. The owner doesn’t want me to see the house until I give him an offer but he swears it’s in perfect condition (hardwood floors, granite countertops, etc). It currently has renter inside that pay $2200 per month. He lives in another state and owns the house outright and just wants to get rid of it. It’s about 30 minutes away from downtown Nashville, but it’s in a very sought after area of Nashville. What would you offer them for wholesale? What would you do?