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Updated over 2 years ago,
MAO higher then asking price
Hey guys so first of all just want to get started by saying this is my first wholesale deal Im working on and I was confused because the price I'm getting after running my comps and getting my MAO is higher then the asking price. I've already triple checked my math and made sure I did the formula right. The house is in pretty good condition and just needs a light to medium rehab. My main concern is if I negotiate the price down even further, when I go to a flipper and they run their comps aren't they going to see that I'm selling them the house for basically the same price or even more as the owner is.