What do you guys think of this wholesale deal?
xxxx Swift Ave, San Diego, CA 92104
Estimated Resale Value (ARV): $430,000-$450,000.
Estimated Repairs: $30,000-$35,000 (for a full blown renovation. Should you wish to keep this as a rental property renovation costs would be approximately half of this).
YOUR WHOLESALE PRICE: Only $355,000
Potential Gross Profit: $40,000-$65,000