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Updated over 6 years ago,
Wholesale Offer Forumlas
My growing curiosity in wholesaling continues to push me to further research this intriguing element to real estate investing. I know a few people who do it very successfully (as in it's all that they do...). I have no plans of leaving my current job to start wholesaling, I am more focused on buy & hold, but I like to be versed in all areas.
I would be interested in hearing a few elements and maybe a few different methods?
1. How do you determine what to offer on a house? (70%) this is the one I see most commonly. [ARV x 70% = (x) then (x) – rehab = (offer)]
2. How do you estimate for repairs?
3. Do you assign or do you prefer a different method?
Blessings,