First time investor looking for advice on finding wholesale deal
Dear BiggerPockets Network Community,
Please help me understand the evaluation on this deal with using the "Wholesale Calc". And also what steps to take from A to Z of the whole buying process. I am just getting started and am failing to see what is needed to take place in a timeline of finding the buyer and what and when to offer the seller... This is the first property I found listed on MLS that has been on the market for over 74 days now in the Nashville TN Area. Please show me how this can be worked. Thank you for your insights!
Property details:
4br/3bath
3800 SQ FT
INDOOR POOL (IN THE HOUSE)
THEY ARE ASKING $440K
*Comps in the area are similar but the whole custom home thing and pool in the house may be keeping buyers away.
NEW TILE/INTERIOR PAINT
850 DETACHED WORK SHOP
Also let me know if any other details necessary to make the sale work. Ty
Cheers,
Ryan Felt