For purchase price, use this formula,  (Arv * .70%)- Rehab = Purchase Price Good evening Dustin, I went onto the webpage for Arizona association of Realtors and I found the agreement for 2024, however I am not licensed so I do not have access to download the contract.

Purchase price: $655,000 Cash invested: $40,000 Sale price: $770,000 Purchase and hold.

Purchase price: $74,000 Cash invested: $25,000 Sale price: $145,000 I acquired a property from a couple needing to relocate, with significant repairs required.

Purchase price: $275,000 Second investment property purchased in 2021.

You're gonna want to be around $400k purchase price to be in a good area too.

Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

Purchase price: $265,000 Cash invested: $200,000 1930’s historic home with a converted garage.

Quote from @Landon Sheveland: Hello,My wife and I, are attempting to purchase our first property.

I have owned it for a very long time and had depreciated most of the original purchase price.