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Updated about 6 hours ago on . Most recent reply

User Stats

309
Posts
107
Votes
Deborah Wodell
  • Lender
  • Colorado Springs, CO
107
Votes |
309
Posts

Flippers: What Do You Really Want to See From Wholesalers?

Deborah Wodell
  • Lender
  • Colorado Springs, CO
Posted

I’ve been seeing a lot of wholesale deals come across my desk lately, and one thing that always stands out is how differently wholesalers package their numbers. Some are super detailed and accurate, while others leave out rehab costs, comps, or key property details.

As a flipper, that lack of clarity can make or break whether I take a deal seriously. Personally, I’d love to see more transparency around rehab estimates and realistic ARVs instead of “best case scenario” numbers.

I’m curious to hear from other flippers here, what’s the #1 thing you wish wholesalers did differently when presenting deals?

Most Popular Reply

User Stats

7
Posts
3
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Steve Johnson
  • Handyman
  • Kansas City, MO
3
Votes |
7
Posts
Steve Johnson
  • Handyman
  • Kansas City, MO
Replied

Agree with above.  Pretty much every wholesale deal I've had come across had best case scenario AND THEN SOME on ARVs.  Rehab costs are always under unless you are doing the work yourself.

Its laughable what some of these wholesaling companies come up with.   Also, they want too much of the meat.  You cant be making 5-15k on a 50k house(wholesaleing at 65k)  that's ridiculous. 

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