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All Forum Posts by: David Hardnett

David Hardnett has started 1 posts and replied 1 times.

Post: Profit Requirement

David HardnettPosted
  • Chicago, IL
  • Posts 1
  • Votes 0

Hi there, 

I am very new to real estate investing and came across a business plan that list an investors profit requirement as a cost when determining maximum purchase price. Can someone explain 1.) how that cost is determined? 2.) why it is subtracted from estimated retail price to get maximum purchase price?

Thank you, 

David H.