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Updated almost 14 years ago on . Most recent reply

User Stats

74
Posts
14
Votes
Jon C.
  • Real Estate Investor
  • Phoenix, AZ
14
Votes |
74
Posts

Please analyze this home.

Jon C.
  • Real Estate Investor
  • Phoenix, AZ
Posted

I am just starting to make offers on HUD properties and I don't trust my numbers since I am brand new and worry about overpaying. I wanted to see what other people came up with for ARV and their own offer price for WHOLESALE, based on their own internet research, espeically without actually touring the property. I am giving the full address because I am not bidding and its now in pending status.

22228 N 29TH DR Phoenix, AZ 85027

Most Popular Reply

User Stats

547
Posts
214
Votes
Scott R.
  • Real Estate Investor
  • Amarillo, TX
214
Votes |
547
Posts
Scott R.
  • Real Estate Investor
  • Amarillo, TX
Replied

Too random of a question to be answered by most with no knowledge of the area, local market, or house conditon, ect. Also depends what yout exit strategy is, you mention wholesaling, which youd need to know estimated repair cost. Based on a super quick search i did it looks as if there are some similar comps all over 100k. Based off that number id offer around 70k minus repair cost.

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