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Updated 11 months ago on . Most recent reply

Kenneth Germann's profile image
Kenneth Germann's profile image
Kenneth Germann
  • Member since Jan 14, 2024
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Kenneth Germann's profile image
Kenneth Germann's profile image
Kenneth Germann
  • Member since Jan 14, 2024
Connect
Kenneth Germann
16
Votes |
45
Posts
General Real Estate Investing

I have a question on making offers for some wholesale deals.

Kenneth Germann
Posted

I noticed in a market I am in that there are several properties that are listed in the MLS that are below the comp values. They don't appear to require any repairs. Example is the comps come out at 310k. They are asking 200k. At a 75% discount This comes out to 225k. I could get a 25k assignment fee .My question is do I try to go after these properties? Are there any issues with this strategy?

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