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Updated over 13 years ago,

User Stats

449
Posts
94
Votes
Mike Nelson
  • Wholesaler
  • Washington, D.C
94
Votes |
449
Posts

Despertate need for assistance!!

Mike Nelson
  • Wholesaler
  • Washington, D.C
Posted

I've been scrolling through my list of vacant homes in my area. I was able to track down an owner who's intrested in selling his property. (this is my first wholesale)

He mentioned that he's lost a lot of money in this property and he doesn't have the time to fix it up. He purchased the property in 2006 for 46k, the city has it assessd for 75k with improvments. On zillow it's assessed at 59k and houses in the area have been selling around that range.

My question is, what should I offer this guy for the house? I'm expecting atleast 15k in improvments.

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