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Wholesaling

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Jason Munck
  • Spokane, WA
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ARV and Repair estimates when wholesaling

Jason Munck
  • Spokane, WA
Posted Feb 12 2014, 10:36

Hi BP! I have never done a wholesale deal and would love to know what the community thinks about a question I have.

When wholesaling a property I know that I should be estimating repair costs and ARV to determine how to price the deal. However, I have heard that most buyers don't rely on the ARV and repair costs from the wholesalers(and I agree that they shouldn't). Is it even worth sharing my ARV and estimated repair costs with potential buyers since they don't rely on it?

Would it be more useful to tell the potential buyers what work needs to be done instead of giving a repair cost estimate?

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