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Updated about 5 years ago on . Most recent reply

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8
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Elioe Burgos Jr
  • Flipper/Rehabber
  • Saint Augustine, FL
3
Votes |
8
Posts

Wholesaler offer question

Elioe Burgos Jr
  • Flipper/Rehabber
  • Saint Augustine, FL
Posted

How much negotiation room is there when you're dealing with a wholesaler? Since dealing with a wholesaler doesnt really give you a due diligence period, and since you are already getting a significant discount in most cases how much wiggle room is there???

Most Popular Reply

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
4,399
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied
Originally posted by @Elioe Burgos Jr:

How much negotiation room is there when you're dealing with a wholesaler? Since dealing with a wholesaler doesnt really give you a due diligence period, and since you are already getting a significant discount in most cases how much wiggle room is there???

It depends on the deal. I don't focus on what the wholesaler is making as that's like focusing on what the original owner paid for the property. The only thing that matters is how much you are willing to pay. You need to run the numbers and make offers where you need to be and where the deal works for you. 

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