Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 15 years ago on . Most recent reply

Account Closed
  • Private Money Lender
  • Oklahoma
32
Votes |
163
Posts

What figures/answers should you have prepared for your buyers on your wholesale prospects?

Account Closed
  • Private Money Lender
  • Oklahoma
Posted

What all information will your buyer expect to make a judgement on whether they want the property you are wholesaling?

I have read a few such as rehab cost, comp values of houses, FMV/ARV, length of time houses sell in area.

Could anyone provide more please. Thank you for your help.

Most Popular Reply

User Stats

17,995
Posts
17,199
Votes
J Scott
  • Investor
  • Sarasota, FL
17,199
Votes |
17,995
Posts
J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

I like to know four things:

- Sale Price
- ARV
- Rehab Costs
- Why is Seller Selling

This gives me enough info to know if I should bother jumping on the MLS to pull comps and whether I should be sending someone over to look at the property.

And if the wholesaler can't ballpark ARV and rehab costs for me, I really don't understand how he came up with his sale price and why he thinks it's a good deal for me...

Loading replies...