Good Deal or Bad deal · Wholesaling Real Estate

Good Deal or Bad deal

So I was cold calling found this house listed on FSBO for 40,000 ARV is around $102,000 the house is a MESS so did the calculations with Chatgpt and everything it was saying that high-end is around 93,800 and low-end is around 64,200 so I went with the 64,200

BECAUSE with the High-end repair to make even a profit of 2,000 the seller would have to accept offer of $4,000 which obviously no one is accepting

So I went with the low-end so IF the buyer accepts the offer of 18,000 I would make 10,000 and that's only IF because I don't think he will and my MAO is $27-28,000

2 comments