Needing some advice on a wholesale deal

3 Replies

I'm going to make this short and sweet. I have a house, not yet under contract, that I'm interested in investing in. The lady that owns the house had it priced for $80,000 and before we started to negotiate a price she said she would go down as low as $66,000 (she owes $48,000 on it). The question I have is, would it be disrespectful of me to offer her her low price? The comps on the surrounding area is $85,000-$95,000. 

@Brandon Pickens I don't think it's disrespectful, especially as she told you her low price already. That might not even be her real low price, but just make an offer that makes sense for you. If her low price doesn't make sense, then offer what you feel the property is worth.