Would you invest $325,000 cash to make $75,0000 in 90 days?
Hey BP, so I'm getting ready to put an offer in for a 4b 2/1 Bath 3800sq/ft house in Chester County PA. The house only needs cosmetic work, paint, carpet and new floors. The ARV of the home is $425,000. Houses similar are selling in less than 15 days up to 110 days. Would a cash buyer put this kind of capital up to earn $75,000 in less than 90 days? I'm going to be wholesaling this deal so I want to make sure the deal is right before I get it under contract. Let me know what you think! Thanks!