People wholesale on market deals all the time.. especially if it's significantly under asking price. 

Can you ask a more specific question?

If I gave my number and got it accepted I'd still be nervous, but I'd definitely pull the trigger on the deal.I feel I'm being reasonably cautious without having any recent comps and because the one house in the neighborhood currently on the market is about $15k below his estimated ARV despite being slightly larger.

easy to build, rent, refinance repeat. might not be your market. look at the underwriting model. we underwrite every deal not only with fresh comparable but market economics change. land costs go up or down, construction costs go up or down, design modifications improve the property, comp sets can get more favorable or less favorable.

I'm eager to learn more about:Identifying undervalued properties: Are there any specific strategies or resources you recommend for finding deals below market value?

Raleigh is a fantastic market, and NC more broadly.  

They "may" have access to some off-market listings, which aren't on here or the MLS, but in regards to info there's absolutely not a thing.

Hi Gbenga, have you considered the Baltimore multi family market?

If rates drop, more buyers will come to the market and you can refinance to lower your monthly payment.

Purchase price: $162,500 Cash invested: $75,000 I was offered this property directly before it went on the market from my agent.