Few Questions Before Making Offers.
I'm new to wholesaling and have been studying this subject a lot here. I do have a question as to what other types of properties (besides vacant/distressed houses) that can be wholesaled.
For instance, if I find a house that is FSBO, and requires no fix-ups or intense rehab, in a good middle-class neighborhood and the owner is willing to negotiate the price down from, hypothetically, $150,000, would I be able to wholesale that house to a buyer or company that wants rental property? If so, would I use a different formula other than the 'ARV' for coming up with an asking price for this particular type of property?
Thanks!