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Updated over 8 years ago on . Most recent reply

Chad Walsworth's profile image
Chad Walsworth's profile image
Chad Walsworth
  • Wholesaler
  • from Covington, Texas
  • Member since Oct 8, 2012
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13
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6
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Chad Walsworth's profile image
Chad Walsworth's profile image
Chad Walsworth
  • Wholesaler
  • from Covington, Texas
  • Member since Oct 8, 2012
Connect
Chad Walsworth
  • Wholesaler
  • Covington, TX
6
Votes |
13
Posts
Buying & Selling Real Estate

Determining wholesale price?

Chad Walsworth
  • Wholesaler
  • Covington, TX
Posted

I understand the formula used by most wholesalers is 70% ARV minus rehab minus your fee.......my question is when I am making an offer to the seller, for example

100,000 arv

15k repairs

10k fee

Would my offer price to the seller be 55k and then I add the 10k in when I find a buyer and sell for 65k?

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