All Forum Posts by: Keelin Brown

That's how I'm considering the deal with the 70% rule in which I could offer them $30K but I don't think they will go for it, is that what you mean when you say tight deal?

Thanks

0 Votes

Atlanta, Georgia

Quote from @Andrew Freed:

@Keelin Brown - That is a tight deal for sure! This is the exact reason why it is good to have your real estate license as a wholesaler. It might not make sense as a wholesale but if you list this property, get the owner the price he wants and still get paid on it via a commission. Having your license as a wholesaler offers options.... you could wholesale it, offer on it, seller finance, conventional financing or list it. Giving sellers options creates a higher probability of creating profit on a seemingly profitless deal.

Hi, I am a wholesaler but not licensed. Tight deal, meaning what?

0 Votes

Atlanta, Georgia

I have a question regarding a property. I recently received a call about a property located at Cairo, GA . The owner is asking $55,000, but it requires substantial renovations. After checking the comparable sales (ARV) in the area, I found it to be $126,667, with an estimated renovation cost of $58,000. As a wholesaler, I'm seeking advice on what would be a reasonable offer to submit.

Thank you for your assistance.

0 Votes

Atlanta, Georgia

All Forum Posts by: Keelin Brown

Keelin Brown has started 1 posts and replied 3 times.

Post: Subject: Inquiry on Property Offer Strategy

Post: Subject: Inquiry on Property Offer Strategy

Post: Subject: Inquiry on Property Offer Strategy