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Updated over 11 years ago on . Most recent reply

Andy Wong's profile image
Andy Wong's profile image
Andy Wong
  • Wholesaler
  • from Los Angeles, California
  • Member since Sep 29, 2013
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User Stats

76
Posts
18
Votes
Andy Wong's profile image
Andy Wong's profile image
Andy Wong
  • Wholesaler
  • from Los Angeles, California
  • Member since Sep 29, 2013
Connect
Andy Wong
  • Wholesaler
  • Los Angeles, CA
18
Votes |
76
Posts
Real Estate Deal Analysis & Advice

IS MY VENICE DEAL a good wholesale?

Andy Wong
  • Wholesaler
  • Los Angeles, CA
Posted

FMV: $1,338,167

Comps at $1,500,000 if buyer adds 1bed/1bath

Purchase price: $1,100,000+Wholesale fee: $6,500

Owner occupied: $3,250/m payment

No rehab necessary. Walking distance from beach.

2/1 930sq ft

Annual taxes: around $11,700

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