If you bought the certificate from the state for the full amount quoted to you, you must contact the state and get the calculations of how they arrived at that number.

If you're planning on only living there 1-2 years, rent may not change THAT much, so calculate what the rent would likely be right now for your side as well. 4.

In this case, since they are borrowing their payments, these would get added to the principal balance each month, and interest would be calculated on that.If, for example, the interest rate on the note were 10%, they would implicitly be borrowing their payments at that rate.

Do the calculation to see if there is enough profit in the deal for you after splitting with your buddy.

From the looks of it this thing is no worse than the BP Calculator.

@Zach Howard the basics of the Rental Purchase Calculator is easy to understand and replicate.Google and you can find many similar spreadsheets for free.

The only taxes I remit directly now are the tiny town tax they implemented of 1%.I just take my net income spreadsheet and calculate the 1% and give them a check.

The rest, put you on near-worthless drip campaigns, don't understand calculating the offer price based upon rents - property taxes - insurance - MNT & Vacancy percentages, etc.DM @James Wise to schedule a chat with him!

This property will require a pool to fully optimize its earning potential, and I've already factored that into my calculations.

It also will help you a lot to learn how to properly calculate ARV as your buyers will want to work with those wholesalers more than one who is just throwing properties at them.