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Updated about 5 years ago on . Most recent reply

User Stats

548
Posts
270
Votes
Jason Dillard
  • Real Estate Broker
  • Greer, SC
270
Votes |
548
Posts

Wholesale or trade equity?

Jason Dillard
  • Real Estate Broker
  • Greer, SC
Posted

This took me 10 years to learn:

ARV 200k. Repairs zero. Contract price 130k.

Wholesale for 10k.  Not bad. I keep 6k after taxes. 

Or.........

ARV 200k. Repairs zero. Contract price 130k.

Trade house for 1m property.  All 70k of house's equity is captured inside next property. 

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