Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 18 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
N/A N/A
0
Votes |
2
Posts

NEED HELP for possible first wholesale deal!!!

N/A N/A
Posted

I was driving around today and found a home with a UHAUL in the driveway and a handwritten sign on a tree that said "make an offer and this just might be your new home." This house was also listed with a realtor. So, I drove around the neighborhood looking for other homes for sale hoping to get a price range. I found 1; it was selling for$200,000. I then went home and looked at the city appraisals for properties in that neighborhood. The property I was interested in was appraised for 124,000. Other properties on that street were 150,000 - 180,000. I looked at the appraisal further and noticed that this property was in "poor" condition. In 2005 this same house was appraised for 165,000. I checked the realtor's website but this house wasn't listed. I've gathered that the home owner is relocating to another city and the appraisal for his new home is 215,000. I have no idea what to offer, PLEASE HELP! I'm hoping that I can stop by tomorrow and make an offer.

P.S. I'm hoping to wholesale this property and I know this is my first post but I've lurked for a while

Loading replies...