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Updated about 5 years ago,
What’s the buying formula in your market for wholesaling ?
I'm curious to find out what your buying formula is to find your MAO (Maximum Allowable Offer) For fix and flips? I've invested in Columbus, Ohio and I used the 70% rule. I've heard in Phoenix for example it's 82% (of Arv less repairs). What is it in San Jose, Fresno or Sacramento? Is there a way to find out other than calling the cash buyers in the area? Which is never a bad idea I suppose. Thanks for your input. Any and all help is appreciated.
Sheldon