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Updated over 5 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Johnny Coleman
  • Wholesaler
  • Lindenwold NJ
1
Votes |
11
Posts

Found a property what should I do next

Johnny Coleman
  • Wholesaler
  • Lindenwold NJ
Posted

Found a property on craigslist, private owner, the guy wants 149k ARV is 230k, It needs abt 30k in repairs. I emailed him to see if he was interested in selling and hes yes. What do I do next?

Most Popular Reply

User Stats

264
Posts
235
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Joe Aiola
  • Real Estate Agent
  • Fleetwood, NY
235
Votes |
264
Posts
Joe Aiola
  • Real Estate Agent
  • Fleetwood, NY
Replied

@Johnny Coleman Did you go see the property? If not, I would suggest going to see it. Walking the property will give you a better idea of location and current condition of the house, which helps provide a more accurate ARV and offer price.

If you did already see it and confirmed the numbers, you should immediately reach out to your buyers to see if they're interested so that you can put the property under contract and wholesale it to them.

Best of luck!

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