Newbie need help with Wholesale deal..

[Rodney Downey]

I'm about to put under contact a commercial property in NC and wanted to know how to market it to wholesalers for quick closing. Commercial is an vacant church in heart of town that is vacant and need repairs after last business moved out. minor water damage to floors due to leaky roof. Currently new roof with yearly inspection. 11400 SF two story building (1955) with apartment on second floor and what was a church on the first level. Few comps, tax is 392k but ARV is endless depending what you want to do with the property (Apt, restaurant, church/daycare center,.....). sorry so long but this is my deal and my head is hurting..lol

[John K.]

@Rodney Downey

I am going to go with my gut feeling here and state that this is a fake post, given the obvious flaws in the statements you made. Just in case it's not...

1. ARV Endless? That would be a first in Real Estate history. All properties have a ceiling.

2. Minor damage due to roof leak? Unless this leak just started a week ago, there will be substantially more damage than minor from a roof leak. 

3. Depending on what you want to do with it?  Rezoning is not as easy as that. That requires city and neighborhood approvals, and even if granted, would be a very expensive project to convert from a church to a restaurant, for example. 

4. Market to wholesalers?  Why would you market to a wholesaler, and not a buyer?

If you posted just to get some reactions, congratulations you achieved your goal.

If this is a real opportunity, then you need to work on your delivery. This type of posting screams that you have a ways to go to learn this business.