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Updated over 11 years ago,

Account Closed
  • Long Island, NY
0
Votes |
7
Posts

How to evaluate property value from long distance

Account Closed
  • Long Island, NY
Posted

I'm just starting out as a wholesaler and might have come across a pretty good deal sooner than I expected to. I'm concerned that because the deal is a few hours away from my general market, I'm going to incorrectly evaluate the ARV of the property. It is being sold by another wholesaler for $55,000 and comparison homes in the are are selling for at least $80,000. The home needs a few updates but nothing major. Any advice/suggestions would be greatly appreciated!!

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