Emily, You have the formula right on YouTube. 

Hi,Which formula do you typically use to calculate the maximum allowable offer?

The extra cost of partnering with him would seem to not outweigh the benefits.I've been trying to come up with a good formula that provides him a normal profit margin for the rehab work, plus a fair share of the profits for his investment.

Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.

The trick to finding buyers is to get amazing deals under contract.Remember every business is about value.Here is a mathematical formula to answer ANY question you have and develop a strategy to any problem you could possibly have.

I'd want to be able to do a quick analysis that includes the following:Agreed-upon purchase priceFinance details: amount the seller would carry back vs. the amount the sponsor brings to the table, interest rate, term length, etc.Monthly payment amount we would owe to the sellerBalloon payment owed to the seller at the end of financed periodRefinance details (ARV, long-term debt interest rate and term length, LTV ratio, etc.)Cash on cash return during the financed periodI'm creating one but I'm not sure if I have the formulas to make sure that I have the formulas correct, so I wanted to double check.

If you both don’t know what you buy that just sounds like a bad formula to start.

The formula for Cap Rate is equal to Net Operating Income (NOI) divided by the current market value of the asset.

Its really semantics there is no need to spend countless hours in paralysis analysis over the two they are just a formula to aid in your process. 

Usually wholesalers go for these and sell to flippers.That formula is usually .70 actually.But for the 2nd question.I’m wondering if this would work almost like a brrrr as far as the cash out refinance and the 2nd appraisal goes.I found out you can get the purchase of the land, the build, fees, and all that packaged into one loan for an FHA.