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Updated almost 12 years ago on . Most recent reply

Account Closed
  • Wholesaler
  • Southern, CA
10
Votes |
139
Posts

Here is a situation!

Account Closed
  • Wholesaler
  • Southern, CA
Posted

I made a post on Craigslist saying we buy houses etc. and I got in touch with a seller. He is giving me some listings..I'm trying to get my first wholesale assign or double close deal.. Was wondering if this may be potential. Especially with no funds or little to none.

And from the numbers received how do I determine my offer price?
Do I start by finding out the ARV? If so how? Only thing I know is ARV*70%-expense-fee = offer right?
Anyways how would you propose to offer and communicate with this guy

here is a vacant house in a great neighborhood. drive by and go in backyard to see inside as all blinds are open. please do your own due diligence.

10501 forbes ave Granada hills

3 + 2 1887 sq ft. lot size 8189

pp 355k average comps 435-465k

repairs include kitchen, baths floors and landscaping

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