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Updated over 2 years ago on . Most recent reply

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77
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34
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Jerome C Brown
34
Votes |
77
Posts

deal analysis, property issues wholesaling with a realtor

Jerome C Brown
Posted

i have a deal in steubenville ohio not sure if the numbers are right also i have been having luck with wholesaling through realtors but it seems that i am bound by their listing price. i have a house under contract for 20k but its listed at 24,900 it has a tenant in it paying $650 a month month to month so I had a buyer wanting to pay $36k for it because the repairs are mininum  and its a great deal but when they seen it listed he told me to crunch my numbers better. I thought that since i was under contract that noone could get it from under me but i guess thats wrong. its a deal but the spread is smaller i still plan to wholesaling but i was thinking about purchasing it as well for the cashflow but i dont know how to get a loan for it. Any advice

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