Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

FIRSt property viewing! Advice appreciated!
I have my first viewing on Monday at 7 pm!!!! So excited and so nervous lol. The guy is asking for 60,000. I went on Zillow to find comps, I’m scared that they will get someone before mOnday since it seems like a great deal?
Its a townhome- 4 bedroom, 2 bathroom, 2 kitchen unit. seller sais its set up as a two unit. 21944 sq. Pics attached.
I found comps with same bedroom, bathroom, and prett much same sq for :
155,000 (within 2 blocks of seller)
128, 000 (within 2 blocks of seller)
181,100 (within one mile)
169,000 (within one mile)
I haven’t been able to ask about repairs yet but the place looks pretty bad. It’s in Baltimore Maryland. Seems like about $30,000 repairs if use the rough estimate
What do you guys think?
https://drive.google.com/drive/mobile/folders/1ugITf_2cguRqGuoF6tcBjCjFjhzak-e9?usp=drive_open
There link has piss attached that show the property in its current state.
I really appreciate it. I’m considering getting a contractor (she’s charging me $300) to estimate repairs on site or doing a co-whole sale with a more experienced wholesaler.
Most Popular Reply

@Maha Ahmed Looks like lake Montebello, I doubt you are looking at 2 unit comps. Anything more than three blocks away is useless. 1 mile away is a waste of time. If you can really see lake montebello from the front of the house it should be a decent area.
One thing to check is if it is legal for a two unit. Call the zoning office.