There are formulas you can create in excel to automate turning "xyz trust 2-3-02" into Dear Xyz Family.Just grabbed a deal today from a trust.

Chase the property, and you will lose money.Now, as far as the "potential" of there actually being other offers that came in goes, that shouldn't matter since this isn't a contest...it's a mathematical formula based on the answer (profit/cash flow) and not on the question (getting the property). 

What LTV will you loan at and how is that calculated; on ARV, purchase price, a crazy formula?

It is important to note that the PPU formula doesn’t take into account non-numerical factors.

@Edward B. you're correct, but It ends up as the same formula, it will depend on the lender too.

I even place "built-in" formulas for the variables on cost psf on concrete etc.2.

I want to be able to drag the formula down for each period.Does anyone have an example formula or spreadsheet they could send me?

I have a couple of mortgage broker friends who tell me all about the crap their clients try to pull and we have a giggle over it on a semi regular basis.thanks for the info but why would we hide this from a lender , would they not be impressed that we have enough financial capacity to forgo deductions, surely that  indicates financial strength to them. and why is it not a good thing to ask them how their formula works so that no more taxes than needed are paid , does that not indicate good financial governance. 

If you are the buyer, you submit your offer through your agent that you hire to represent you.Sounds like you have the math correct but that's not a formula based on reality.

.• Then we found a go-getter real estate agent and I gave him our criteria for (i.e 3 bdrm 2 bath single family home in foreclosure, short sale or had a substantial amount of equity in it) in the neighborhoods that appealed to us.And when we finally found the one that fit our needs we used the 70% flip formula and put in our offer and after a little back and forth it was accepted.