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Updated over 6 years ago on . Most recent reply

User Stats

53
Posts
12
Votes
Dwayne Jelks Jr.
  • Rental Property Investor
  • Bridgeport, CT
12
Votes |
53
Posts

Beginner trying to get his first deal.

Dwayne Jelks Jr.
  • Rental Property Investor
  • Bridgeport, CT
Posted

I just found me deal 3 bed 2 bath 1548 sqaure feet REHAB house for $29,000. Im looking to wholesale it and ship it to a third party. My question is how much should I get it a discounted from the seller, if hes desperate? How much should I sell the house to a buyer? How much profit I should get from the buyer? But most importantly, how can I figure out the numbers game, so I won’t make any bad deals in the future. I'm pumped about this deal. This could be potentially my first deal cause my last one didn't get through.

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