Can Someone Vet this deal for me
I need some help vetting this wholesale deal. Im dealing with a seller whom wants 75k for his home. The ARV is some where between 120-130. No mortgage or other liens. 1000 earnest. He already has had the home appraised and has the repair cost. Similar homes have sold for 125k-130k. I was able to get him down on the purchase price, but unsure if its a deal. Im dealing with at least 55k in equity. I just feel like im missing something. Hopefully this was transparent.Someone please help