If a home is being sold for 200k, is a 130k cash offer fair?

[Account Closed]

When I start wholesaling I am going to be making a lot of cash offers, the problem is I don't really have an idea how much I should take away from the price when making a cash offer.

[Lynnette E.]

I buy all my houses for cash and keep them as rentals.  I don't really get a discount for paying cash, just am more likely to be selected to get a signed contract to buy a house than someone with a loan contingency.

For whole selling you really need to look at the market value of the property and then subtract the closing costs and the costs of fixing it up to be marketable, then your 'profit' and if you actually buy it yourself, the holding costs.  Then subtract your buyer's profit and holding costs too.  That gives your price to pay.