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Updated over 6 years ago, 06/08/2018
Is Low Balling Sellers a Normal Part of Wholesaing?
This is why I find wholesaling a challenging niche. I'm working with some sellers of a really nice inherited property that needs significant cosmetic work. ARV: $205,000. I talked to a rehab/flip couple I've worked with before and they came and looked at the house. They want to offer $93,000. I went to them 1st because I thought they would make a better offer and streamline this process. but they "low balled"! I'm in S. Louisiana and we had a horrible flood 18 months ago and we were making offers like the one above on flooded and gutted homes. Should I just expect this as being part of the wholesaling niche or just move on to a different niche?