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Wholesaling Real Estate

78.8k members • Free

18 contributions to Wholesaling Real Estate
ARV
Hey guys, just got seller agreed on 55k but not sure if I calculated arv correctly . Should I lock it up for 55k? 🙏 Battle Creek MI ARV, 49037 Help Needed Looking for opinions from anyone familiar with the Battle Creek market. Property: 📍 Battle Creek, MI , 49037 - 4 bed / 2 bath - 2,128 sqft - Potential 5th bedroom - ~$35k in repairs - Bought around $55k I’m trying to nail down ARV. My $/sqft comps are putting me somewhere around $130k .
1 like • 1h
1. The ARV Mistake ($130k is too low) She states that her price-per-square-foot comps are putting the ARV right around $130,000. For a 2,128 sq. ft. 4-bed, 2-bath home, an ARV of $130k equates to just $61 per square foot. In the 49037 zip code of Battle Creek, a fully renovated 4/2 at over 2,000 square feet will command a much higher price point: Standard 3 to 4-bedroom homes in average-to-rehabbed condition in 49037 regularly trade between $150,000 and $220,000+. Larger footprints over 2,000 sq. ft. easily cross the $180k–$230k range if finished out well. If she anchors the ARV to a conservative $180,000 ($84/sq. ft.), the mechanics of the deal shift completely. Scenario A: Using Her Flawed $130k ARV If the property truly tops out at a low $130,000 retail limit, the deal is incredibly tight: $130,000 × 70% = $91,000 Minus $35,000 Repairs = $56,000 Maximum Allowable Offer (before fee): $56,000. Because she locked it up at $55,000, she only leaves herself a razor-thin $1,000 assignment fee if she tries to flip it to a strict 70%-rule flipper. Scenario B: Using a Realistic $180k ARV If she pulls accurate comps for a large, renovated 4/2 frame and hits a more realistic $180,000 retail marker: $180,000 × 70% = $126,000 Minus $35,000 Repairs = $91,000 Maximum Allowable Offer (before fee): $91,000. Because she has the seller under contract at $55,000, she is sitting on a $36,000 spread between her contract price and what an investor would willingly pay for the deal. That's what Gemini is saying 👆 Hope this helps.
New wholesalers are you out there?
New wholesalers with no experience, looking for a mentor or looking for help on your first deal. Drop a comment mentioning what you need to take the next step.
1 like • 2h
Some direction would be most appreciated. I can track down good leads all day long, and I have buyers for my network and beyond. I just can't talk on the phone to save my life.
1 like • 1h
Handling objections and speaking with confidence has been my weak point this far. It will get better with practice I'm sure
Buyers lined up!
🚩 willing to jv on assignments. Beginner friendly. I've got buyers nationwide if the numbers are right. Let's do some deals.
Land software
What are you guys using now for looking for land in your areas. I will be do Florida virtually.
2 likes • 10h
Can't dm yet.
2 likes • 8h
@Kevork Jawharjian just sent email. Let me know if you have any questions. 903-259-8117 text me
1 like • 2d
Just starting out. I'm able to find good leads consistently but not much beyond that. Trying to birddog.
2 likes • 8h
Much appreciated 👍
1-10 of 18
William Kirby
3
37points to level up
@william-kirby-7618
Budding off grid property developer, part time human, full time dad.

Active 46m ago
Joined Jun 28, 2026
Texas
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