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Updated almost 8 years ago,
How to figure out working capital goals
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