If you're using a generic formula like this: ARV*.7 - REPAIR COSTS - GROSS INVESTOR PROFITS (can range between 15%-35% of ARV depending on how risky the flip is, lower % for higher end flips in a hot market) - WHOLESALE FEE = MAXIMUM ALLOWABLE OFFER (MAO)You then would advertise the property (non-MLS) for MAO + WHOLESALE FEE = asking price to your investor. 

I've sent out my first letters from recent driving around I've done.15 in total.The more I listen to the podcasts and read on the site I realize that number is really low.My question is where is the best place to gather a larger list to mass mail.Also wondering why most examples of letters I see are hand written.I was thinking about setting up a generic letter on Office and just plugging in the name and address and printing them out.Thanks

@Doug Davis...1) ask them if the closing fees  include  100% of the  costs  (  appraisal / title insurance / settleement  are these included )  2)  ask for  several other  rate  / fee  options ..you should be able to pay  more in loan fee to buy the rate down  if interested  3)  if you want to put  less down - you should be able to get a higher loan amt ...max  is  85% loan to value  fvor many lenders  4) if you are  emailing specific loan officers - great ...if you are   simply emailing a   generic  website at these  credit unions -  you likely  will not get a  detailed reply ....I would recommend  contacting  these credit unions and any other  people you are  shopping  via  phone  or  to  their direct ermails .....no need to  get  8 quotes ...3 or  4  should be plenty 

PR or personal representative, when typically used as a generic term meaning the representative of a decedent's estate, but have a specific legal meaning in some juristuctions.

If an agent's idea of sourcing properties is to just put you on a generic MLS alert and otherwise never speak to you again, then what value are they adding to you?

You might consider using a generic name for the LLC.

., tan) colors, but man I think they're so generic.

Think of this as a title problem for the moment.I agree with @Jon Holdman that the query is a bit confusing; it could be asked differently.Since I doubt if your name is really NA NA and you hide behind an alias without a photo, you'll get my generic answer:"it depends"If you mean that a deceased person died owning real property, presumably in CA, and a written will naming one person to serve as the executor with directions that another natural person or entity shall received the property, the law is pretty clear.'

Colin, it's all very well to write a generic comment like: "it is very important to consider that Chicago is a large city and has many different types of areas", but, the OP wants to know what YOU think of THIS area(?)!

Just pick something generic like Wallen Properties LLC (using your first initial and last name) or Wallen Investments LLC.