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Wholesaling

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Adam DuCharme
Pro Member
  • Investor
  • Tempe AZ
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Wholesaling in the Atlanta area

Adam DuCharme
Pro Member
  • Investor
  • Tempe AZ
Posted May 12 2022, 20:42
My team is looking to start wholesaling in the Atlanta. Does the 70% rule still apply? We've been focused in Phoenix for the past year but a lot of the deals we've seen are 80% or more before taking away renovations and my fees.

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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
Replied May 13 2022, 06:28

@Adam DuCharme, sellers are aware they can receive full value for their home if they list on-market. Remember that the 70% ARV rule is more so a guideline. Not impossible and depends on your targeted location, but with current market conditions, it's pretty damn hard to find an off-market deal that'll meet your criteria. Probably not what you wanted to hear, but hope this helps!