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Updated about 11 years ago, 11/13/2013
PLEASE HELP!!! Newbie In Baltimore - How to Attract Investors - FLIPPING
Hello,
I am completely new to RE Investing... but have a strong analytical background (I am an accountant). I am meeting with a group of potential investors (I have some great single family deals in Pasadena, MD) and I want to make sure I WOW them!!!!
What do you (as an Investor) want to see? Is it as simple as...
Property Price + Purchase Costs + Rehab Costs + Holding Costs + Selling Costs + Sale Price = PROFIT?
Or is it really more like (or am I over analyzing)...
Property Price (or % of - Depending on Finance Option used) + Purchase Costs (Want to see as fixed and variable - or Estimates [rounded whole numbers]?) + Rehab Costs (Pro Forma style?) + Holding Costs (again; want fixed and variable - or estimates?) + Selling Costs (again; want fixed and variable - or estimates?) + Sales Price (Comps? Current Home Values (which is the same as ARV correct? - for a similar home of course) = PROFIT?
Please Help
Shawn