wholesale deal in need of a buyer

[Scott Gardner]

I have a property I need to try to get under contract, but I worry about the numbers. Not so much that they don't look good but that all the potential buyers don't want to deal with it because the numbers are so high. 4400 sqft home I can get under contract for around $109/sqft and the average house in the area is selling at $216/sqft. that is a huge spread for profit potential but my buyers don't want to deal with anything selling over #350k because it takes a jumbo loan and that really narrows the field of buyers from them. Am I crazy or are there investors out there that like the bigger numbers?

[Rob Beland]

Investors dont care about $/SF they care about how much money they can make when they sell. What makes you think the house is worth more than $450K +/-. How much work does it need to get the value to $800K+? You need to know the value today, the cost of required repairs/improvements, and the value of the property after the improvements are completed. It sounds like you have some research to do @Scott Gardner. Give us more details.