Fire damaged homes for wholesale

3 Replies

Is it possible for me to wholesale a fire damaged home? And do i run comps for the land , what if there are no recent comparable lots sold because it's a built out neighborhood. How do i find MAO.

@Jason White The property is in Houston TX . I have been trying to skip trace the seller but not sure what skiptracer to use to get accurate results, or to even skip trace the Llc, thanks for responding !

BAM Capital
Multifamily Syndicator
Targeted 10% Monthly Returns | Passive Income
Backed by institutional-grade apartments, strong sponsor track record, $700M AUM, over 5,000 units
Learn More

@Clinton Omiwade

I can’t help you in that department as I don’t know how the city or state handles the public records.

Do have any idea what the arv would be for the house. That will go a long way in determining if it’s even something to look into more. In my experience, if a house sits vacant for much time at all in this hot flipping market then it’s not worth enough to rebuild it.