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Updated over 8 years ago on . Most recent reply

Brian Roces's profile image
Brian Roces's profile image
Brian Roces
  • from New York City, New York
  • Member since Jan 21, 2014
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Brian Roces's profile image
Brian Roces's profile image
Brian Roces
  • from New York City, New York
  • Member since Jan 21, 2014
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Brian Roces
  • New York City, NY
2
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14
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Real Estate Deal Analysis & Advice

$1.4M house in NY metro for $960k

Brian Roces
  • New York City, NY
Posted
I have a lead on a 4,000 sq foot house with a $1.4M ARV. There is nothing that this house needs as it was fully renovated in 2014. Maybe a fresh coat of paint in heavily trafficked areas. Person wants to sell it to me for very low price that I can sell it to a wholesaler because recent changes in life and wants to start fresh by October. I might have to pass on this deal if I can't find a buyer. This is outside of my normal dollar amoubts and deals. Any suggestions?
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John P.'s profile image
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John P.
  • Investor
  • from Vacaville, California
  • Member since May 7, 2016
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John P.'s profile image
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John P.
  • Investor
  • from Vacaville, California
  • Member since May 7, 2016
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John P.
  • Investor
  • Vacaville, CA
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John P.
  • Investor
  • Vacaville, CA
Replied

Why don't they just list for sale? Why would they give away $400k?  

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