[Calc Review] Help me analyze this deal

[Chris Terborg]

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[Thomas Santella]

Your plan is to wholesale the deal and make a 200k profit, by just offering 200k less than asking price. I don't think that is a good strategy, nor will it work in most situations. Unless the seller is dying to sell, or you can sense his/her willingness to depart from the property then I wouldn't say this is a go. More so, the flipper is not going to want an 8% return. No one taking on an 800k project and a 1.3m purchase price will only seek 8% back. Simply put, you want 200k for lowballing the seller and finding a buyer but you think a flipper spending 2.1M total and taking on over a 6 month project only wants double? I don't think so