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Wholesaling

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Bryan Dracka
  • Lincoln Park, MI
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Wholesaling a Multi-Family?

Bryan Dracka
  • Lincoln Park, MI
Posted Jan 4 2014, 15:19

In my most recent mailing a multi-family got mixed in with my sfr's and I got a call from a the owner asking how I knew that she "was planning to sell". The owner is retiring and moving out of state soon. Its a 3-unit in a residential sub in Lincoln Park Michigan (Metro Detroit). Each unit is currently rented for $500.

I have never wholesaled a multi-family property before. How do I price it??

Any input would be greatly appreciated, this seller is what I would consider highly motivated!

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