Potential First Deal!

[Caleb Barnes]

Hello all!
I have been looking around to find my first wholesaling deal and I believe I found a good candidate. It is listed for 299k and the surrounding comps are around 310k - 450k. Higher numbers in the area are with 4b 3b as this home is a 3b 3.5b. Needs a bit of rehab work as it has been stripped down inside. Heavy rehab 80k-100k. Punching in the numbers I believe this would be a good deal at 125k-135k and still have room on the other side. 

Any experienced wholesalers have any valuable advise or thoughts on this particular lead? Again this will be my first attempt at securing a contract an going through the steps needed for my first check!

[Brian Nally]

Do you have any cash buyers lined up? Or are you taking this deal down yourself? When I'm going to wholesale a property to another investor, I try to calculate the max price another investor would be willing to pay for the property and work my numbers back from there to get a max offer price