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Updated about 9 years ago on . Most recent reply

Sandy Weed's profile image
Sandy Weed's profile image
Sandy Weed
  • Real Estate Investor
  • from Woolwich, NJ
  • Member since Apr 29, 2008
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9
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Sandy Weed's profile image
Sandy Weed's profile image
Sandy Weed
  • Real Estate Investor
  • from Woolwich, NJ
  • Member since Apr 29, 2008
Connect
Sandy Weed
  • Real Estate Investor
  • Woolwich, NJ
1
Votes |
9
Posts
Foreclosures

For those that wholesale REO and bank owned properties....

Sandy Weed
  • Real Estate Investor
  • Woolwich, NJ
Posted

What kind of spread do you tend to see between the list price of the asset vs what you resell it for? For example: REO listed for $100k - been on the market for 90 days. ARV of $140k. What would you contract it for and what would your end buyer likely pay for it? Do the end buyers want to see a big difference between the list price and their price?

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