The formula for a successful flip deal includes finding a property at under market value in a market where demand is strong, putting together a reliable team of contractors, sticking to the rehab budget and timeline, and then finally, selling the property quickly to the highest offer possible.

. - All successful business models has a secret or two....kind of the secret formula in KFC chicken which is my only true addiction...but secrets are so obvious.

As for financing through a new LLC, yes we are being offered ARMs by local banks and I'm not happy about adjustable rates (4.25% for 5 years with half origination is "best" deal so far),  so I'm creating my formula for what I can buy so if I stick with that, I should be fine.

But believe me, nobody is playing games with the hud bids other than hud and the rules they create to come up with their formula.

You should only need to fill in the highlighted cells, however I left them all unlocked so you can see my formulas and can tweak them if you need to.I'm always welcome to feedback, if you think there is info I missed, miscalculated, or a way to make it clearer, let me know.http://www.biggerpockets.com/files/user/ericksonss10/file/commercial-rent-rollI hope it helps someone out!

Is the following formula the correct way to calculate depreciation?

Buy when the market is falling apart, and everyone is scared, and sell when everyone has money, and is buying like crazy.As long as i stick to my formulas i just cant see the deals im buying right now losing. 

Here are the formula breakdowns:Rental Wholesale Calculator1.

The data tables were mostly correct, except I forgot to update the formulas for rent/price rows 0.5%-0.7%. 

At the end of the year it's a simple formula to add up all the mileage.