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Updated almost 5 years ago,
Contractor for a wholesaler
Hi BPers,
I am a newbie at REI. I understand wholesaling and there are things I am curious about. I always hear about ARV and repair costs and the 70% formula. I have to say, I do not want to play the guessing game when trying to calculate repair estimations. So I figure developing a relationship with a contractor makes sense. The problem is, I am wholesaling because it is the most affordable way to get started in REI. But i want to be as on point with my calculations as possible. The only way to do that is to have a contractor handy. But without money, how could I get a contractor to look at my deals to help ascertain repair cost at least by an estimate? Is that something I should worry about at this stage of the game?