All Forum Posts by: Carl Schmitt

Makes sense... I guess it really depends on the deal and what the investors goals are. If you can do two 10k deals in the time you can do one 15k deal, you're obviously better off.

So would you say they are most likely wholesaling it because they bought it, then realized there wasn't enough room in the deal to make a decent profit? I'm asking because I see ads online for homes needing rehab, that are listed by investors. In my mind, if it was a good enough deal, they would do the work themselves and resell for a larger profit, rather than just selling as-is.

I see sometimes that companies that do rehabs will buy a property and rather than rehabbing, they will simply list it for sale as-is with a mark-up. My question is, if one company/investor doesn't want to get into fixing a particular property and just wants to wholesale it, could it possibly be a great deal for another investor to buy? In my mind, it seems like if it wasn't a good enough deal for the original investor, it certainly won't be a good deal at the new inflated price. What are your thoughts?