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Updated almost 9 years ago on . Most recent reply

Shane Forrest's profile image
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Shane Forrest
  • Rental Property Investor
  • from Appleton, WI
  • Member since Jan 27, 2016
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Shane Forrest's profile image
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Shane Forrest
  • Rental Property Investor
  • from Appleton, WI
  • Member since Jan 27, 2016
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Shane Forrest
  • Rental Property Investor
  • Appleton, WI
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Rehabbing & House Flipping

Property Valuation

Shane Forrest
  • Rental Property Investor
  • Appleton, WI
Posted

I found  home over the weekend that the family is trying to sell for their mother. They have an asking price in mind, but how do I determine what I need to buy the house for to flip it? I'm working on getting comps for the area, but what else can I do to reduce the risk of paying too much?

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J Scott
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  • from Sarasota, FL
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J Scott
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J Scott
  • Investor
  • Sarasota, FL
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

This is from the BiggerPockets flipping book, which I highly recommend...   😊

https://www.biggerpockets.com/renewsblog/2010/03/10/determining-maximum-purchase-price-mpp/

  • J Scott
  • Podcast Guest on Show #2024
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