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Updated over 9 years ago on . Most recent reply

Umair Baig's profile image
Umair Baig's profile image
Umair Baig
  • Real estate investor
  • from Passaic, NJ
  • Member since Feb 15, 2015
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Umair Baig's profile image
Umair Baig's profile image
Umair Baig
  • Real estate investor
  • from Passaic, NJ
  • Member since Feb 15, 2015
Connect
Umair Baig
  • Real estate investor
  • Passaic, NJ
0
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15
Posts
Wholesaling

Wholesale deal

Umair Baig
  • Real estate investor
  • Passaic, NJ
Posted
Hey BiggerPockets! I recently came across this wholesale deal from my mailing campaign, I dropped by the property today and spoke with the seller turns out there are two properties on one lot. One SFR that produces $1300/month. One two family home that produces $3300/month. I assumed this deal makes sense if I marketed it to landlords, my question was since I can't use the 70% method on this deal what formula do I use?? Any help will be greatly appreciated. Thanks.
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