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Updated almost 6 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Tiffany Campbell
  • mcminnville tn
2
Votes |
8
Posts

understanding a wholesale calculator

Tiffany Campbell
  • mcminnville tn
Posted

has anyone recently used the wholesale calculator. im testing a deal im looking into and from what i put in t seems to be confusing cause this is what i get... 

According to the data you provided, you can afford to offer -$122,356.67 to get this property under contract and your end buyer will pay -$112,356.67 for the property, netting you a wholesale fee of$10,000.00. This is based on an eventual ARV of $24,000.00, a profit for your flipping cash buyer of$20,000.00, and a rehab budget of $75,000.00.

my question is why the negative for afford to offer mind yall im new 

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