Wholesaler Evaluating Duplex/Tri/Quad

[Devin Bivens]

For anyone that buys Multi family..What is the most important factor that you consider? Is it the ROI? I am asking because I am finding sellers of multi-family however, they are asking retail and in some cases above retail for the property. When I do the ROI calculation, the precentage is actually good for most, but the price seems to be high. My question is..ROI>asking price?

Also, as a wholesaler, do I add the wholesale fee into the ROI calculation? Or should the ROI be based strictly on downpayment, closing costs, rehab budget...costs..etc?

For frame of reference, I am assuming 20% downpayment, closing, costs/fees..rehab..as amount invested.