WHOLESALING ARV TOOL GENERATOR

[Luis Raymondi]

HI, NEEBIE HERE , I WANTED TO KNOW WHY THE BIGGER POCKETS WHOLESALE TOOL IS DIFFERENT FROM MY SOURCE(JERRY NORTON)? JERRY USES THIS FORMULA ARV*.70-REHAB-WHOLESALE FEE=X WHICH GIVES ME A BETTER COMP TO OFFER A DISTRESSED PROPERTY? FOR EXAMPLE USING THIS FORMULA I HAVE A PROPERTY I AM LOOKING INTO $278040*.70-50K-40K=$104,628 OFFER TO SELLER. NOW USING BIGGERPOCKETS WHOLESALE I GET AN ALLOWABLE OFFER OF $174,400???? BIG DIFFERENCE ANY HELP WOULD BE GREATLY APPRECIA.TED