I will definitely be reselling but not in the short term.

It almost has to be to resell to retail buyers, I think, given the price range relative to rents we get here.

What you are wanting to do with it (your exit strategy) stipulates what formulas you need to use to determine what the house is worth to you and what your offer is.If you are planning on fixing up the property and reselling it on the retail market, then knowing what the After Repaired Value (ARV or what the house will sell for all fixed up) is and the estimated repairs are the two biggest factors in determining your offer.If you are renting, lease optioning, or carrying the note, knowing the fair market rent will be a huge factor in determining value.If you are wholesaling, knowing what investors will pay in that area for that type of house is essential to determine value.To figure an offer on a property, start at the end.

Then you could indeed resell the property or the contract for 80K and make 50K.

Along with a few partners, we contacted developppers in Dubai and struck exclusive reselling rights for North America.

I will re-sell the house for a higher price than what I paid for it, usually I have it sold before I even close on it in the first place.

The trick is to get the bank to sell it for 80% of distressed value and resell it for 90% of retail value.You know the value is determined by the BPO agent.

:roll: )In our case, I was the one pushing to start and DH was holding back-- maybe because of that buying-and-reselling old sewing machines on ebay business I started back in '00 (that made absolutely nothing.)

Also, if you resell them on a lease option terms, you can demand full full top of the market sale prices.

That is a large spread... 50k to 500kI always want to invest in the areas that supports reselling at 2/3 of the medium priced house.