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Updated over 5 years ago,

Winnie Rim's profile image
Winnie Rim's profile image
Winnie Rim
  • Flipper/Rehabber
  • from Tacoma, WA
  • Member since Sep 30, 2019
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User Stats

17
Posts
6
Votes
Winnie Rim's profile image
Winnie Rim's profile image
Winnie Rim
  • Flipper/Rehabber
  • from Tacoma, WA
  • Member since Sep 30, 2019
Connect
Winnie Rim
  • Flipper/Rehabber
  • Tacoma, WA
6
Votes |
17
Posts
Wholesaling

What does "cents on the dollar" mean?

Winnie Rim
  • Flipper/Rehabber
  • Tacoma, WA
Posted

I'm hoping this isnt a stupid question but what does a wholesaler mean when they say you need to buy "so and so" cents on the dollar? How do I estimate that? How do I figure out my equity range and or potential profit from a sale price and ARV? Is there a simple math equation I can follow

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