1st Wholesale Deal: Struggling to get buyers, and know what to do

[Marcus Geiser]

I have a SFH under contract 3/1 with a new roof in Quaker Valley School District, ARV $125,000 to $135,000 have a good comp a few doors away from 2/2/22 SOLD for $145K but was a 2/1.

Up to this point  my experience has been on the Contractor side of the equation. The property needs a renovation of $30K, which I feel is adequate, I mean I'd price the job at that. 

I understand the process but have never gone through it. Any suggestions or help are appreciated. 

[David Lee Hall, III]

So, being conservative, a "typical" investor is going to buy 70% ARV minus repairs. So $125k -> $87.5 minus repairs = $57.5.

I assume you have it under contract less than this amount. 

Make a flyer for the property w/ a couple pictures, your comps, asking price, etc. - bring it to REIA next Tuesday at the Greater Mason Temple 6-9PM. You will meet tons of investors and probably can get a good lead on a buyer. Brian Snyder runs it and he will partner with folks if you need help finding a buyer.