Deal Analysis: Wholesale Opportunity in Cumberland, MD – ARV $220k–$260k

[Richard Rosales]

Hi BP community,

I’m working on a single-family wholesale deal in Cumberland, MD and wanted to share the numbers for feedback and potential interest.

🏠 Property Details:

• 3 Bedrooms / 2 Bathrooms

• 1,830 SqFt

• Built in 1926

• Needs full renovation (electrical, plumbing, HVAC, drywall, kitchen, bathrooms, flooring, etc.)

💰 Numbers:

• Asking Price: $28,000

• Renovation Estimate: ~$90,000 (full gut rehab)

• ARV: $220,000 – $260,000

• Estimated Rent (market comps): $1,600/month

📍 Strategy Potential:

• Fix & Flip: Strong spread between purchase + rehab and ARV.

• BRRRR: With a refinance at 70–75% LTV, there's potential for pulling out a significant portion of initial capital while keeping positive cash flow.

I’d love to hear your thoughts on the numbers and strategy.
If you’re an investor looking for off-market opportunities in Maryland, feel free to connect with me directly.

Thanks!
Richard Rosales