Wholesale In La Habra Heights

Is this a standard sale or a wholesale deal?

By the way, like the 'on a clear day' LA cliché.

I suggest you put it under contract I am not really investing in OC right now although I do have buyers for the area just not enough, San Diego is my area lmk if you have anything there ok. Also don't post any personal info in the threads only private message you can be sanctioned by the site ok.

Your handle name is blocking the address too or some of what you wrote so I didn't see it all but thanks for this.

just tried emailing you and your email is wrong, go figure.

the property is under contract and I'm wholesaling it.

Just thought I would add another question, what is 120k-130k?
What is 860K?
and what do you mean this is a "standard sale"?

I believe what he's saying is that:

ARV: $1,230,000
Asking: $860,000
Repair Cost: $120-130,000

So, if I'm correct, the potential profit is $240,000 on the low end. It sounds a bit in excess, but then again my understanding of the numbers might be wrong.

My thoughts too.

Better Way to Present on a Post: BIG TITLE (Something Getting Attention Like: "DANDY DEAL IN DALLAS")

REPAIRS: Estimate a repair costs, source where the estimate was acquired EX: Kitchen cabinets from Home Depot, Tile flooring from Carpets N Tiles, or a sub contractors estimate.

AFTER REPAIR VALUE: Get this from average sales in the area 3-4mons you can call any realtor from Keller Williams and ask to send you at least 5 listings that sold in the past 4mons same type of house as the one you are wholesaling. Using the formula for your area (as you get to know the market what price per square foot houses are selling for in the hot areas of your town)

Then, of course, if you have it locked on contract, you should at least give the City and State where it is and most preferred the address and My contact Info, then Keep checking your ads and groups you posted this AWESOME DEAL to and respond please!

That's Basic 101 Presenting a Wholesale Deal that I learned from Deans easy to follow book 30 Days to Real Estate CASH, its a free download here on this website, gives you step by step. I am glad I found Dean on a late night infomercial my husband saw and bought his book as a gift to me, it has paid me back and then some.

CAREI you are correct that is the formula. the only thing that was mention was the resale closing cost (agent commission ect..) the reason for that is there are many investors who are agents or investors who pay different type of commission percentage. Either way there's plenty of spread on this deal.

Since you have it under contract, can you PM me the address?

it blocks your posts so you cant read them fully it is blurry in other words, wish you all the best