All Forum Posts by: Doug Lowery

Please give me your honest opinion on my flipping formula and do you think it is fair.

ARV - Rehab+15% - 17% of ARV - Profit = MAO

NOTE: 17% of ARV represents Buy, Hold, and Sell

Thanks, Doug

I would like some feed back on my formula for buying a home to flip.

ARV- rehab+15% - 17%of ARV - Profit = Buying Price

NOTE: 17%of ARV represents BUY, HOLD, and SELL Cost.

Thanks, Doug

I'm a home inspector in Louisiana. If anyone is suspicious of Chinese Drywall get the number off the drywall and contact your local Lowes or Home Depot. They will let you know if it is Chinese Drywall. 

I spoke with them about 2 months ago. It sounds good but the up front money I did not care for. Also the $600 inspection fee was high and if it doesn't fit there criteria you get to pay the $600 again for the next property. To me that's highway robbery. I would say just keep looking and talking with others until something feels right unless you fill they are a good fit for you.

Doug

Looking for GC for fix & flip.

You can email me

Thanks, Doug

I'm looking for hard money or private money in Sheveport/Bossier City, La.

You may email me.

Thanks, Doug

Looking for General contractor in the Shreveport/Bossier City, La. (Fix & Flip)

Thanks, Doug

 Thank You

Has anyone dealt with dohardmoney lender and if so can you tell me your experience. I'm a new investor and would appreciate your feed back. Looking to fix and flip.

Thanks, Doug

John I appreciate the insight on the fix and flip formula. Wasn't exactly what I was looking for in a answer but it helped me out some.

Thanks, Doug