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Updated over 11 years ago on . Most recent reply

User Stats

116
Posts
26
Votes
Kirk Zacharda
  • La Mesa, CA
26
Votes |
116
Posts

Wholesaler Asking For 5k EMD Non Refundable

Kirk Zacharda
  • La Mesa, CA
Posted

I was sent a wholesale deal via a wholesaler in San Diego. The wholesaler was asking 339k with 5k EMD not refundable and he said the ARV was 427k. The rehab alone would be 59k or more. I can see it needs a new roof and fascia just by the pics. Knowing this, is it insulting to make a reasonable offer of 270k and let him know he is way off or would it be best to just say no thank you.

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