Updated almost 13 years ago on . Most recent reply

Whats step 2
So lets lets I find a motivated seller that accepts an offer at 70% ARV. What would my next step be if I want to use the least amount of my own funds possible. I have located a bank that will do 100% of the appraised value minus repairs but I would like to see what can be down without using the banks. Would the best option be to wholesale it? What would you do if you are just starting out?
I have often heard you make money finding good deals.....but what do I do after i find the deals
Most Popular Reply

Thanks @Brian, to clarify, you need to estimate for a full repaint (not touchup) in your repair numbers if you expect to wholesale to a rehabber.