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Updated about 5 years ago on . Most recent reply

Antoine Smith's profile image
Antoine Smith's profile image
Antoine Smith
  • from AR (arkansas)
  • Member since Feb 17, 2020
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Antoine Smith's profile image
Antoine Smith's profile image
Antoine Smith
  • from AR (arkansas)
  • Member since Feb 17, 2020
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Antoine Smith
  • AR (arkansas)
4
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Wholesaling

Fix and Flip Wholesale deal

Antoine Smith
  • AR (arkansas)
Posted

Hey, so I have a house... yet it's the oddball out of all the others. Can I use the comps from the neighbors address if I plan to fix and flip it to be comparable to all the other nice homes in the neighborhood? I'm having to add 2 bed rooms plus 1 bath maybe... 

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Mark Durham's profile image
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Mark Durham
  • Specialist
  • from Atlanta, GA
  • Member since Dec 16, 2014
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Mark Durham
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  • from Atlanta, GA
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Mark Durham
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  • Atlanta, GA
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Mark Durham
  • Specialist
  • Atlanta, GA
Replied

@Antoine Smith - NO. Comps need to be VERY similar. 

If you can rehab it so it's VERY similar, you may be able to. Ask RE agents who know values well & sell in that n'hood.

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