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4 October 2010 | 15 replies
Everyone above said it best...there is no reason not to list on the MLS when you resell...If any buyers have an issue with the fact that your spread is so large, remind them that you did a lot of rehab work and had a lot of holding costs -- many buyers see that you purchased for $50K and are reselling for $130K and assume you're making $80K.
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9 August 2010 | 4 replies
What are the average spreads that are able to be obtained, either on a dollar or percentage basis.
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19 September 2010 | 35 replies
I think the more knowledge we can spread about this topic the more investments people will make for their own retirement, as a forum could help unlock the mysteries of a Self Directed IRA.
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4 August 2010 | 4 replies
Use social medias like facebook, twitter, my space etc..to let people know what you do.
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27 August 2012 | 19 replies
With 3% that cuts the front-end profit of lease/opts, only leaving the rent spread (if any) and the back-end buyout - if in fact that occurs.
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7 August 2010 | 3 replies
Creating a negotiation spread is no longer good enough unless your end buyer is paying cash.
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14 July 2021 | 96 replies
I believe that the majority of buyers preview the internet and other media before directing their buyer's agent to which ones they would like to see.
1 September 2010 | 11 replies
Dan - See my response in the thread: Is Social Media Working for You?
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10 August 2010 | 14 replies
ok. this what we are negotiating : 120000 asking price , amortized 30 years owner finance with 10000 down. 4000 of down payment will be spread out over the first 12 months and included in the payments or held as a separate note. the remaining 6000 will be due in 12 months as a ballon.
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12 August 2010 | 9 replies
If the actual Purchase + Rehab costs are at least $65-70K below the realistic ARV, you probably have a decent wholesale deal.The way I get this estimate is using the following formula for wholesale deals:Max Purchase Price = ARV - Rehab Costs - Fixed Costs - Profit for End-Buyer - Your Profit I assume that the Fixed Costs on this deal (for the end-buyer rehabber) are probably somewhere around $20K, the end-buyer likely wants to make a profit of at least 15% of the ARV (around $40K), and you want to make at least $5-10K on the deal.So, Fixed Costs + Investor Profit + Your Profit is between $65-70K, and that's the spread needed between the Purchase Price and (ARV - Rehab Costs).Does that make sense?