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Updated almost 4 years ago on . Most recent reply

Deangelo Mack's profile image
Deangelo Mack's profile image
Deangelo Mack
  • from Independence, Missouri
  • Member since Nov 21, 2016
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192
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Deangelo Mack's profile image
Deangelo Mack's profile image
Deangelo Mack
  • from Independence, Missouri
  • Member since Nov 21, 2016
Connect
Deangelo Mack
  • Independence, MO
18
Votes |
192
Posts
Iowa Real Estate Q&A Discussion Forum

Can Someone Vet this deal for me

Deangelo Mack
  • Independence, MO
Posted

I need some help vetting this wholesale deal. Im dealing with a seller whom wants 75k for his home. The ARV is some where between 120-130. No mortgage or other liens. 1000 earnest. He already has had the home appraised and has the repair cost. Similar homes have sold for 125k-130k. I was able to get him down on the purchase price, but unsure if its a deal. Im dealing with at least 55k in equity. I just feel like im missing something. Hopefully this was transparent.Someone please help

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