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4
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1
Votes
Javier Esquivel
1
Votes |
4
Posts

First all cash purchase

Javier Esquivel
Posted

Hey everyone, I have a property I purchased off market. Bank repoed was asking 65 I offered 34500. After a day of negotiation talked down to 33k. ARV is 117 but I'm conservatively pricing it at 103 with this market. Repairs low end of 22k and high end 35k. New roof, retaining wall, 2 tubs, toilets, paint cabinets and walls. Home is in Fowler Kansas. Home exteriors is mint condition. 3 bed 2 bath 1 attached garage and another detached. Would you wholesale this or flip entirely?

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Caleb Brown
  • Real Estate Agent
  • Kansas City
3,280
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4,740
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Caleb Brown
  • Real Estate Agent
  • Kansas City
Replied

If you had the $$ I would go the flip route. If you don't have the $$ then I would wholesale. 

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