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Updated about 2 years ago on . Most recent reply

User Stats

471
Posts
96
Votes
Robert Burns
  • Wholesaler
  • Baton Rouge, LA
96
Votes |
471
Posts

Does Wholesale Formula Change on a Nearly Completed Flip?

Robert Burns
  • Wholesaler
  • Baton Rouge, LA
Posted

I'm working on a lead that just came in for a really nice flip that's nearly finished ($20,000 left in repairs max) from a seller who just wants to sell AS IS so he can move on to another fix and flip.

Does the ARV x 70% - repairs - Wholesale fee = MOA or does is it adjusted due to the lower repair cost?

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