Skip to content
Wholesaling

User Stats

4
Posts
1
Votes
Christian Powell
  • Philadelphia, PA
1
Votes |
4
Posts

Just Starting off, may have found a deal

Christian Powell
  • Philadelphia, PA
Posted Aug 14 2020, 06:41

So I am just starting off on my journey as a Real Estate Investor, and May have found a off market deal by an agent I know in the area. Here are the details

Asking price 80K

Repair - she(agent) says 100k (I haven’t seen inside yet)

ARV is 325k

I was going to try to wholesale it for 90k for a 10K assignment fee. My question is, should I start skip tracing the cash buyers in that area before putting it under contract? How does it work when an agent is involved? Before anything should I go see the property to confirm repair cost? Everything seems so easy until you have a deal on your lap 😂

Loading replies...