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Updated about 15 years ago,

User Stats

12
Posts
1
Votes
Shane Schaetzel
  • Real Estate Investor
  • Mayville, WI
1
Votes |
12
Posts

Sweet deal..Best way to maximize profit??

Shane Schaetzel
  • Real Estate Investor
  • Mayville, WI
Posted

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

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