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Buying & Selling Real Estate

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James Baker
  • Real Estate Investor
  • Cedar Springs, MI
10
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39
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How much to pay wholesaler?

James Baker
  • Real Estate Investor
  • Cedar Springs, MI
Posted Oct 12 2019, 17:14

Hello BP,

I could use the expertise of the BP community. I wanted to know if there is a common number or rule of thumb when an investor is purchasing a property from a wholesaler. I understand that wholesalers try to target their purchase of a distressed property at 70% of ARV minus repair costs. But what would an investor want to pay from the wholesaler? Thanks in advance.

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