In need of help making a offer on a potiential wholesale/flip

[Trevor S Foster]

Hello, I have a potiential deal on my hands and Im in the middle of trying to run the numbers and Im getting somewhat confused and overwhelmed.

This is my first deal and Im not sure what to offer the home owner. advice would be much much needed.

Asking Price: 255,000

Townhome

2 Story

3 bed

2.5 bath

1696 SQFT

2 parking spaces

I know I have a deal on my hands that can be either wholesale or flipped. Since this is my very first potiential deal I really want to get this right. I have an idea in my head but I just need reassurance.

Im thinking to ask to offer 215-220k. I believe the entire place will need to be updated.

What do you guys think?

One comp sold at 257k that had a updated kitchen new carpet, tile and paint. bathrooms werent really updated.

this home I know will need kitchen, laundry, all bathrooms updated. as well the hardwood floors and carpet.

what do you guys think?