Check it Out; Is this a deal?

In this video, you will discover how to check if a seller lead is a deal for real estate wholesaling.

QUESTION OF THE DAY

“Hey, condo is worth $141,000.

I have it under contract for $70,000

Is that a deal?

Repair $40,000”

As you will see in this video, there was a big question of the after repair value (ARV).

The asker does say it is worth $141,000. What does that mean; after repair value or present fair market value in ‘as is’ condition.

That makes a significant difference in whether it’s a deal.

In this video, I take the time to look at both scenarios and determine if either one is a deal or not.

Enjoy the video.