Negotiate with a Wholesaler

[Reggie Rearden]

A wholesaler contacted me about an SFR. I'm very interested in this home as a flip. Do we negotiate prices with a wholesaler the same way we do with off-market and MLS deals? The wholesaler gave me a price of $65K. After adding granite and changing carpet to laminate flooring, the realtor I generally work with said the house would list for $108K. I'm estimating around $10K for those and some other light rehabs. This would potentially be my first flip but I could also add it to my buy and hold portfolio as a secondary strategy.