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Updated about 8 years ago on . Most recent reply

User Stats

11
Posts
3
Votes
Moe Garcia
  • Real Estate Agent
  • West Orange, NJ
3
Votes |
11
Posts

How to figure out working capital goals

Moe Garcia
  • Real Estate Agent
  • West Orange, NJ
Posted

Hello , My wife and I are new to investing and are still learning about it. We are listening to the podcasts and have a reading list to help give us an idea of how to plan for this business. We want to know how to figure out how much working capital we would need to have for our home flipping business. 

Income goal yr 1 is 30K

Target Acquisition price max 150K

Target AVR 220K

Rehab 50 k 

avg time 120

Funding loan ( hard money)

Sales time 90 days

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