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Updated over 2 years ago, 05/16/2022

User Stats

41
Posts
8
Votes
Brian Brown
  • Flipper/Rehabber
  • Okeechobee, FL
8
Votes |
41
Posts

Missing something here?

Brian Brown
  • Flipper/Rehabber
  • Okeechobee, FL
Posted

Am I missing something. Are there any wholesalers out there that actually leave meat on the bone for the flippers. I see a ton of posts out there with something like (great equity in this property asking $250k only $20k rehab with a $350k ARV) Well with most using some sort of financing that $250k and $20k rehab is going to be around $25k in funding cost plus 8-10% selling cost so roughly $30k. So just in these two factors you're $55k into a supposed $80k profit.

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