Wholesaling
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Updated about 16 years ago,
Pricing a wholesale deal ?
I have a quick question, kinda feeling like a homer asking this too.
But lets say I purchase a house with an ARV of 100k and i want to wholesale it.
so ARV 100k
70 percent 70k
Closing and Atty fees 6750
Wholesale profit 5k
Repair cost 10k
so my maximum offer would be $48250
Lets say i pay the atty and closing cost out of my own pocket does that mean i add it to the sales price when i sell the property ?
$48250 plus
5k wholesale profit plus
$6750 equals
60k sales price ?