How does these numbers work?
I went to see a house today that I plan on wholesale, the guy has his friend renovating the place (its not occupied)
-The guy thats renovating says estimates are about $10k remaining repairs
-The homeowner says he owns the bank $280k
-Also says based on tax accessor is $370k (we all know thats an estimate)
-His asking price is $400k
As far as the ARV I'm going to check Agentpro247.com it does show comps that sold.
All advice or insight is gladly appreciated.