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Updated over 4 years ago on . Most recent reply

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Lee Yang
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Lee Yang
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Lee Yang
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Wholesaling

What is the Fix & Flip Buy Formula in your market?

Lee Yang
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What is the fix and flip buy formula in your market?

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Barry Pekin
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Barry Pekin
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@Lee Yang

The standard formula works around here. (ARV * 70%) - Repairs - Wholesale Fee.

Some people I know vary on the 70%.  Some higher and some lower.  Lately it's been a little lower for some, but not as a rule.  It all depends on the buyer and what they're looking for.

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