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Updated over 5 years ago on . Most recent reply
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Wholesaling with no repair
I saw a bandit sign saying “for sale by owner”. I checked the property and it was neat since the owner just finished renovating it. I went on to Zillow to know the estimate and I discovered the zestimate is lower than what the owner is asking for the property. How do I wholesale a property that the asking price is higher than the market value?
P.S. >> I am a newbie!
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What does "Neat" mean in regards to the house? If the property is already completely renovated that sorta defeats the purpose of a wholesale deal. Most investors are looking to add value to a property not buy someone already renovated unless its a turnkey property. From the sound of it this is not a deal and not something that should be wholesaled. If you new I sugguest you educate yourself on what an actual wholesale/off-market should look like.