Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Christina Williams
  • Real Estate Agent
  • Columbia, SC
2
Votes |
8
Posts

Offering a price on a wholesale property

Christina Williams
  • Real Estate Agent
  • Columbia, SC
Posted

Hello BP!

I have a property value is $226,477. The owner is old and her daughter is basically taking care of her. The daughter wants to sell the property.

Because I am a wholesaler I would only offer her about $100,000 max after my cut and repair and such.

I really feel that this is a very low ball tho.

$226,477 x 70% = $158,534

The home is in great shape but no repairs on the home in over 15 years that the daughter was aware of.

Would $100,000 be a good offer?

Most Popular Reply

User Stats

8
Posts
2
Votes
Christina Williams
  • Real Estate Agent
  • Columbia, SC
2
Votes |
8
Posts
Christina Williams
  • Real Estate Agent
  • Columbia, SC
Replied

@Caleb Brown, I don't like to use zestimate or Zillow. I have an agent that provides comps and I also use Propstream and they give you just about what you need.

Loading replies...