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Updated over 6 years ago,

Account Closed
  • Flipper/Rehabber
  • Los Angeles
4
Votes |
13
Posts

please help! Wholesale opportunity question?

Account Closed
  • Flipper/Rehabber
  • Los Angeles
Posted

what up BP!!!

Got a quick question as I am not that familiar with the wholesale process. 

I have a friend that is a motivated seller, wants to sell his house in 60 days. (has to wait 60 days as his friend is renting a room) He owes 300k and wants to net at least 100k min after the sale.

The comps in his area show similar houses that sold for around 435k to 460k. There are other comps that sold for 530k but have an extra bathroom, garage, and central air. 

I am wondering if there is a wholesale opportunity here where I can find a buyer in the next 60 days...?

Any thoughts?

thank you!