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Updated over 10 years ago on . Most recent reply

Daniel Caruso's profile image
Daniel Caruso's profile image
Daniel Caruso
  • Real Estate Investor
  • from Old Bridge, New Jersey
  • Member since Jan 1, 2015
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Daniel Caruso's profile image
Daniel Caruso's profile image
Daniel Caruso
  • Real Estate Investor
  • from Old Bridge, New Jersey
  • Member since Jan 1, 2015
Connect
Daniel Caruso
  • Real Estate Investor
  • Old Bridge, NJ
2
Votes |
7
Posts
New Member Introductions

Newbie from NJ

Daniel Caruso
  • Real Estate Investor
  • Old Bridge, NJ
Posted
Hi All. I'm new to the boards and fairly new to real estate investing. I own on rental property and looking to purchase my first property to rehab/flip. Any advice you have will help! My first target is a 3 bedroom/2bath single family home in Jamesburg, NJ (1600 sqft). The wholesaler thinks the ARV is 300k but I see it as 250k. Repairs are around 35k. I see the purchase price at $140k but wholesaler wants 50-60k higher. Do I counter at my lower estimate or pass?
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