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Updated over 7 years ago on . Most recent reply

Tony Silvas's profile image
Tony Silvas's profile image
Tony Silvas
  • Wholesaler
  • from Corpus Christi, Texas
  • Member since Jun 28, 2015
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Tony Silvas's profile image
Tony Silvas's profile image
Tony Silvas
  • Wholesaler
  • from Corpus Christi, Texas
  • Member since Jun 28, 2015
Connect
Tony Silvas
  • Wholesaler
  • Corpus Christi, TX
2
Votes |
30
Posts
Wholesaling

Should I even make an offer??

Tony Silvas
  • Wholesaler
  • Corpus Christi, TX
Posted
They say to make an offer on every house but what if it costs more to redo a property than the entire property is worth? Example: 660 sqft home in bad shape. The lot is only worth 5k. Back Taxes and fees are 5k. ARV is only 35k. Repairs would be about 20k. What type of offer could be made?
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