All Forum Posts by: RoShandice McCullough

Hey @RoShandice McCullough, 

Not a deal! 

Rehab is way more than 20k just by looking at those pics. Send me all the pics through Pm and I can help you run the numbers. Just for the kitchen it would take at least 10k...


It’s not allowing me to send pictures via message. 

Hey @RoShandice McCullough, 

Not a deal! 

Rehab is way more than 20k just by looking at those pics. Send me all the pics through Pm and I can help you run the numbers. Just for the kitchen it would take at least 10k...

there is literally no way this would only cost 16-20k to fix LOL. wishful thinking. i would call this a full gut based on the pics and use $65/sqft for guts (even that is sometimes not enough but it's a place to start). so if this property is 1,000 square feet, we're looking at a $65,000 reno give or take. what did your contractor say it would cost? i would get #s from a FEW as you're getting started, to see who knows their stuff. if ARV could be as low as 90k you'd pretty much have to get it for free. deals like this sometimes work creatively though. if they're open to seller financing. and you can wholesale creative deals.

Hi, I'm new to wholesaling and I'm in need of help. I go to look at a property Thursday with a contractor to do my own due diligence, the property the owner wants 45k with an ARV OF 90k-120k. And has repairs listed at 16k-20k but from looking at the pictures provided I know it's incorrect. I added a few pictures that were sent to me. Is this a good deal or should I walk away after numbers from the contractor?