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Wholesaling
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Updated over 8 years ago, 07/01/2016

User Stats

3
Posts
2
Votes
Keith Marks
  • Tarrytown, NY
2
Votes |
3
Posts

Wholesaling Buy & Holds

Keith Marks
  • Tarrytown, NY
Posted

Our direct mail campaign has been getting us a lot of return calls for mint condition absentee out-of-state owned single-family properties that are at / close to what the ARV is. Even if we could get these properties at a discount the cash on cash return would be annual single digits after expenses. These properties also all have 30%+ equity. Is there a market for investors with this? Would investors lay out $100,000 - $250,000 cash for these small margins? Can these be wholesaled?

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