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Updated about 6 years ago on . Most recent reply

Brandon Metzler's profile image
Brandon Metzler's profile image
Brandon Metzler
  • Flipper/Rehabber
  • from Brandon, Mississippi
  • Member since Nov 11, 2017
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Brandon Metzler's profile image
Brandon Metzler's profile image
Brandon Metzler
  • Flipper/Rehabber
  • from Brandon, Mississippi
  • Member since Nov 11, 2017
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Brandon Metzler
  • Flipper/Rehabber
  • Brandon, MS
7
Votes |
30
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Wholesaling

Purchase offer to wholesaler

Brandon Metzler
  • Flipper/Rehabber
  • Brandon, MS
Posted
When purchasing a property from a wholesaler who says offers encouraged, what percentage of their posted price should I offer?
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Mitch Messer's profile image
Mitch Messer's profile image
Mitch Messer
  • Rental Property Investor
  • from Playa del Carmen, México
  • Member since Jan 22, 2014
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Mitch Messer's profile image
Mitch Messer's profile image
Mitch Messer
  • Rental Property Investor
  • from Playa del Carmen, México
  • Member since Jan 22, 2014
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Mitch Messer
  • Rental Property Investor
  • Playa del Carmen, México
1,774
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Mitch Messer
  • Rental Property Investor
  • Playa del Carmen, México
Replied

Hey @Brandon Metzler. I don't think your offer price should be based at all on any wholesaler's asking price.

Instead, you should run your profitability calculations (using your ARV, repair estimates, etc., not theirs) and see what price you'd need to pay in order to meet your particular deal criteria.

That's your offer price.

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