REI,The proper formula is 70% of ARV minus repairs minus your wholesaling fee.

I think a more proper format would be; "CAN ENERGY USE BE reduced by A or B...".Regardless, I'm going to pass on participation.all cash

these reo guys just want to get rid of the properties, and they're balancing holding time with price, and holding time is winning.

You also need to provide proper drainage, which means you will need to excavate and run perforated tubes along your house and back fill with stone.

I don't see a problem with providing ancillary services, with proper disclosure, that are priced competitively or add value in a different way.

It looks like your window was not installed properly.

., what's left after the sales closing costs) and the mortgage balance.

Then determine what the principal balance would be at the time of sale.

Between the mortgage fraud that makes it hard to get loans in those areas and makes proper valuations nearly impossible, to "professional tenants" that know the laws are heavily in favor of them.

I'm sensing hostility here, you need to lose that, it makes no difference, the facts are what matter, compose the issues without the personal issues.I'd suggest you not speak to him at all until you get legal guidance.Yes, if hundreds of deals are involved and these are consumer loans it could be a very big deal, so get to the proper authorities to make a determination.Good luck