Wholesaling

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Sam Mathew
  • Real Estate Investor
  • Pembroke Pines, FL
29
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75
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Seeking to sell Investment Home

Sam Mathew
  • Real Estate Investor
  • Pembroke Pines, FL
Posted May 24 2023, 08:11

Hello Bigger Pockets Members,

I purchased a 4/2 1200 sq st home at auction at 50% of ARV for $70k. Market Value should be $145-150k. Rent of about $1500/month.

I purchased home all cash and I had to evict the occupants.  The home is ready to rehab work and then rent out.  

Since I already have several projects already in-progress, and my team spread thin, I decided that I will sell this one, most likely will need to be wholesaled since rehab work needed.

If you can help, please let me know how I can find local wholesalers in the Metro Detroit, Michigan market.  Or let me know if you may have other thoughts/advice also.  Thank you.

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Mo Maktari
  • Investor
  • Tampa, FL
54
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68
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Mo Maktari
  • Investor
  • Tampa, FL
Replied May 27 2023, 03:27

Hi Sam! Can you pm me the address?

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Andrew Freed
  • Investor
  • Worcester, MA
1,084
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957
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Andrew Freed
  • Investor
  • Worcester, MA
Replied May 27 2023, 03:31

@Sam Mathew - Post  the opportunity on your local facebook investor groups. At least in my area, a ton of off market properties flow through that platform. If you list it there, I'm sure you can find a buyer pretty quickly. 

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Adrian Carrasco Corona
  • Investor
  • New York Metropolitan Area
0
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1
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Adrian Carrasco Corona
  • Investor
  • New York Metropolitan Area
Replied May 29 2023, 16:49

Hey Sam, can you PM the details? Thanks