Updated about 7 years ago on . Most recent reply
How much equity to look for in a wholesale deal
Hey I'm a newbie wholesaler and have listened to a lot of the podcast episodes on wholesaling to learn more about it.
From some of those episodes there are people talking about you need a certain amount of equity in the house to make the deal work but I haven't heard a firm number on how much equity needs to be in a home to be able to do a wholesale deal and make a profit.
Is there a specific number or is it different for every deal?