Comps from a Wholesaler

[Rigo Medina]

I have been doing some tracking of homes wholesalers have offered to me/investors. I have looked at deals I have received 6+ months ago. I have compared the actual home sold price to the ARV estimate that the Wholesaler told me the home would sell for. Some deals would have been a loss for me or would have only made $5k or less, minus closing costs. In the package the wholesaler offered the sale price, the rehab bids, and the comps that supported their ARV.

Are there just not anymore good deals out there from Wholesalers or are Wholesalers making a lot of profit from the deals?

Or are the comps on the high end and I should be asking for different comps?

Any input is welcomed, good or bad.

[Wayne Brooks]

You don't ask for additional comps......you do your Own comps.  For any property I can cherry pick the "comparables" and show values 30% apart if I wanted to.  Problem is, most "comps" aren't really comparable.