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Updated almost 5 years ago,
Question about Wholesale Pricing
Hello All
Can someone give me an idea of how much a typical Wholesaler will charge for a property? I am speaking %of ARV. I ask because, I am finding wholesalers in my area charging as much as 80% ARV before rehab? I am also finding some of them to have very inflated ARV's. In order to do a Brrrr, which is my main strategy, I need to purchase closer to 50% depending on the cost of Rehab. Of course I do not have to purchase from any of them, but I am curious as to other BPers experience with wholesalers. I feel like everyone should make their money, I just have not found Wholesale houses that will work for me. I am still looking for other Wholesalers that may have closer prices to my needs.
Thanks for your input.
Rick