Hello Simon WThank you for your reply, yes the agent said the house that had just sold was 145k not 185k this is after repairs and to offer 50k on the property which was built in 1950s not 1960s.I did my comps ARV I compared this house to 3 others sold recently and I came up with the home being worth $118kCan you give me any advice on wholesaling since I am new to this?

@Davion Lewis I'm a broker in Chicago and would be more than happy to help.

Originally posted by @Simon Collins:Water doesn’t seem that crazy to me especially if there is a lawn getting irrigated included in that number.I recently bought a home last year.  

@Khari Lewis - Are you seeking a turn-key property, or are you prepared to do some level or rehab?

Simon W.

Totally agree @Simon W.

@Simon W.

@Lewis Sutton if I had any doubts I would not take the seller's word as to legality-nor would the lender.

@Simon Collins....great, its working well so far. 

@Simone Williams best investment strategy in DC in my opinion.