Wholesaling five properties in a week or two. I need the cash to accelerate rehabs. I'm up to my neck in renovations on condemned properties I own. Anyway, a friend's parents want to sell three of their duplexes. Example for one: The tax value is 190k, but I would need to buy it at 180k to meet my minimum investment criteria. So the only option is to wholesale it to another investor. Because they're not going to take less than the tax value. Although, none of these are good investments above it. Example of that one under contract for 200k and I assign it for 205k... It only cash flows $80/mo with current rents and $280/mo at market rents. Cash on cash return is 8%. submitted by /u/tooniceofguy99 [link] [comments]