All Forum Posts by: Gene Davis

Does anyone know when the wholesale calculator week be up on the site?

I need help coming up with an offer. I have a house where the seller wants 27k and he estimates it's around 12k-15k in repairs. I just need help with what price to offer him. I want to make between 3k-5k of this deal. Most houses in the area have gone for 75k.

Any help will be appreciated.

-Gene

Thanks Brian,

I will look and see if I can find a sample

@Brian L.

I actually found it in the newspaper and it's not on the MLS.

Hi BP-

I have 2 quick questions, this is my first time wholesaling and I think I found a good property. I looked at the comps and used BP for which questions to ask the seller. The problem I am facing now is how can I ensure I have a safe legal exit strategy in the contract? I'm worried that if my potential buyers are not interested in the house, that I will be stuck with it. If anyone has a sample contract that is legal in Virgina, PLEASE send it to me. I found a sample contract online, but I don't trust it.

Question 2: Does anyone have any type of wholesaler calculator? Something that will determine the right price to offer a seller? I want to be able to

• Determine your maximum offer price
• Quickly analyze repair costs and other fees

Thanks!

Gene