It's not always the perfect formula, but it'll get you close.If they're asking for $255k, i'd imagine you're going to be hard pressed to get them to let it go for well under $200k, where you need it to be.

I have a Summary tab that adds all the categories pulling from each tab. ad a few formulas and it is super simple to stay organized and submit data to my CAP at the end of the year.

That will give you a much better view of what's realistic than some formula will.

I'm located in the Philadelphia area looking to understand how do I go about getting the formula for a property ARV.

Ideally this is what you would be paying the for house you're looking at (Fix/Flip strategy in the heart of the nation [not CA or NY])Using purchase price and working the formula a different way;($126k Purchase price + $5k repairs) / $150k($131k / $150k) is showing an entry point of 87.3% of ARV.

Sorry I cannot add more as there are no formulas for deciding on this risk and values.

I've worked on a formula that appears to be fair and equitable based on square footage and # of tenants per property, but not sure how to establish it.Good question @Ryan Ahlgrim, This is a good question to pose.

Flip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!

since my post I am trying to close in my new personal house that I built let me say it has been going on since august and I did move into it in July, I have a great credit score and no issues they are just looking at 4 other loans I have and now they are telling me that there is a formula that makes my stuff look like it is in the negative even though I have a good positive cash flow, they tell me it is with the new banking rules example the guy at the bank says he has a rental and it cash flows every month but it shows that it looses 4k every year?

His specific instructions and formulas seemed spot on and his insight into running multiple LLC's, etc were really good to know.