ARV? Wheres my profit?

[Scott R.]

So i have a question about working with rehabbers. Im looking to wholesale REO's to rehabbers via simotaneous and double closing. They will fund my A-B transaction and the B-C. BUT WHERES MY PROFIT?

if they want 70% ARV does my profit have to be within that 70%? And what about closing costs? I cant find a thread on here that talks about this.

I contacted a rehabber he said he will buy what i can get at 70% ARV. So if it was $100K ARV then $70K - 10K repairs = $60K is what he would buy from me at?

So then would i have to have it under contract at $50K to make $10K? or do they pay you on TOP of the 70% and pay closing costs too? For this example if they paid on top but I had it under contract at $60K, it would be $70K + my profit + closing costs= say $85K so they have a 15% profit potential? That would show they dont get that 30% profit margin, thats to pay all othe stuff and just incase repairs cost more right?