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Updated almost 8 years ago, 03/01/2017

User Stats

63
Posts
51
Votes
Brad F.
  • Flipper/Rehabber
  • Summerville, SC
51
Votes |
63
Posts

Portland Oregon Property R-1 1 acre 4.8 Mil profit HELP!!

Brad F.
  • Flipper/Rehabber
  • Summerville, SC
Posted

Hello, 

I have a questions really quick regarding this property.  I typically do single family flipping and wholesaling with much smaller returns.  I have checked and re-checked with the city and this is a done deal. Buildable, up to 30 units.  Arv per unit is $330k at 1500 sqft.  

This is a deal I am going to Wholesale. My team has a protocol wholesale fee tier level system set in place based on investor profit. This profit is above our $50k which is 15%.  This would be a wholesale fee of $722,410.  

I need some help on how to handle this once I send it to my Builder investor teams. 

Should I send it nationally?  What types of terms should I prepare to hear from the builders?  Is this even appropriate to ask for with a 4.8 Million dollar investor profit? 

I want to be fair, but this is an opportunity that is a win win for all parties involved.  Our team, the birdogger, the wholesaler, our listing agent, and investor.  

I like deals where everyone wins.. 

We locked it down today, so I have 10 due diligence, and 30 day close.  Suggestions comments and thoughts sooner rather than later would be very helpful for us. 

Thank you! 

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