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Wholesaling

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51
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Georgee Gilbert
  • Lathrup Village, MI
6
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51
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Wholesale rehab investment

Georgee Gilbert
  • Lathrup Village, MI
Posted Jul 1 2018, 16:36

Why wouldn't  a smart real estate investor pay $75,000 for a property that cost $30,000 to repair and be worth $125,000 afterwards?  I see a $20,000 profit. I don't understand why this is not a good investment for a retailer or landlord. According to my instructor it is not. Please explain. 

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