Houston, TX · Member since 2017 · 24 posts · 0 votes
I have a motivated seller who is a realtor the property is in a good area the property has fire damage and has to be fully gutted, How can I estimate the cost of a full gut? The seller wants to sell for 220k I'm not 100% sure but I think the ARV is in the upper 500's I want to do an assignment deal but the law in Texas is that I have to tell the buyer and seller what I'm making off of the deal. Do you think the seller is asking for too much? I need advice please!!!
Sellers 'always' ask too much...................(ha ha ha)
On a more serious note. The property could be a full rehab, tear down or who knows. Put it under contract and market it. The buyers will let you know what they will pay. Or partner up with an experienced wholesaler and split the deal.
Sellers 'always' ask too much...................(ha ha ha)
On a more serious note. The property could be a full rehab, tear down or who knows. Put it under contract and market it. The buyers will let you know what they will pay. Or partner up with an experienced wholesaler and split the deal.