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Updated over 6 years ago on . Most recent reply

User Stats

28
Posts
5
Votes
Savannah King
  • Indianapolis, IN
5
Votes |
28
Posts

WHolesaling Deals W/ Out Seeing Property

Savannah King
  • Indianapolis, IN
Posted

Hello All,

I've seen people say they've wholesaled a deal without physically seeing the property. How do you determine what you will sell the property for?

I understand the process of finding ARV and then multiplying that amount by .70 and subtracting repairs cost to determine the amount an end buyer will pay for the property. Is that a beginners thing? Do you sometimes throw a number out there and see who would be willing to pay that amount? I'm just trying to understand that process, because how do you determine the amount of repairs the property would need, if you never see it?

Look forward to your inputs, thanks!

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