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Updated over 2 years ago on . Most recent reply

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Alvin Kariuki
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Wholesaling a property that doesn't need renovation

Alvin Kariuki
Posted

I am just starting off wholesaling and I got an interested seller who said that his property is in excellent condition and he is willing to sell if the price is right. It is not a distressed property, so I wouldn't be looking for a flipper but rather an investor looking to hold. How would I go about doing comps and getting a referral payment?

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Kerry Noble Jr
  • Investor
  • Indianapolis, IN
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Kerry Noble Jr
  • Investor
  • Indianapolis, IN
Replied
Quote from @Alvin Kariuki:

I am just starting off wholesaling and I got an interested seller who said that his property is in excellent condition and he is willing to sell if the price is right. It is not a distressed property, so I wouldn't be looking for a flipper but rather an investor looking to hold. How would I go about doing comps and getting a referral payment?


 Check his motivation......doesn't sound too motivated.......

but if he is......run the numbers......make sure it makes sense 

  • Kerry Noble Jr
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