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Updated about 15 years ago,
Sweet deal..Best way to maximize profit??
I have a great dillema on my hands.
Nice property in Wisconsin.
90% remodled 3br / 2 ba
Comps from several agents and websites in 95k-100k average range.
Property can be purchased for <30k.
My initial intent is to contract the property and repackage it to an investor (wholesale). I would price accordingly around 40-45k. The property needs only cosmetic work.
Is a 10-15k spread asking too much? I am still leaving quite a bit of value for the end buyer here. Thoughts??
The reason I ask of course is to maximize value..Any other suggestions on creative methods to accomplish this?? The owners are pretty much open to anything.
SFR in a nice neighborhood...Owners want to move out of state.
Thanks in advance