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Updated about 8 years ago on . Most recent reply

User Stats

68
Posts
5
Votes
Bobby Holley
  • Entrepreneur
  • Duluth, GA
5
Votes |
68
Posts

Is this deal worth pursuing?

Bobby Holley
  • Entrepreneur
  • Duluth, GA
Posted

Looking to wholesale a property after originally deciding to flip the property because my retail buyer backed out.  Here's the deal:

Purchase Price: $300k

Repairs: $10k

ARV: $370k

Wholesaler Fee: $10k

Would an investor want this deal?

Back story on the property:

It was purchased by an investor at auction for $246k.  The home is in fabulous shape, needing minimal repairs.  The property sits in one of the best school districts in GA and in a great neighborhood.  I have been inside the property and taken pictures.  

Most Popular Reply

Account Closed
  • Investor
  • Orlando, FL
780
Votes |
1,351
Posts
Account Closed
  • Investor
  • Orlando, FL
Replied

NO not low enough price for an investor. 

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