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?

We get a ton of questions from our members and visitors about everything from how to use the site effectively, to the available features here on BiggerPockets, and so on.For a while, I've been playing with video, and I think we finally figured out how to most effectively use this medium to help you all out.We're going to be recording videos to answer all of your questions and to offer tips and hints for using BiggerPockets, social media, & networking, as well as other real estate related goodies.Here's an example of our latest video:Why can't we post our contact information in our forum posts?

I HandwriteIf it's under 30k Cheap HouseMust Sell 20KCash Onlyxxx-xxx-xxxx Over 30KInvestment PropertyWorth: 90KYou Pay: 40KCash Onlyxxx-xxx-xxxxAlot of Investors have the under 30k Mattress Money..Over 30K You Have To Show Them The Profit Potential Spread...So when they see that 50K spread They get curious...

Originally posted by Bienes Raices:Basically I am posting here because things seem to be reaching a 2008-style panic level again in the last few weeks.Consider that the mainstream media doesn't have many other major issues to cover these days -- Casey Anthony trial is over, the debt ceiling issue has been resolved, no major sporting events on the horizon, etc.Also consider that campaigning for 2012 is just getting underway, and the economy is a big hot button topic that many Presidential contenders want to keep in the forefront of our minds (it helps their chances of election).Once there is something else to occupy the "Breaking News" portion of mainstream media, and once we get through November 2012, other things -- wars, celebrities, ridiculous political arguments over things like gay marriage, etc -- will once again take over the mainstream consciousness.

I wonder if Josh knows about this quirk.http://www.bloomberg.com/news/2010-08-12/foreclosure-crisis-spreads-across-u-s-as-defaults-jump-in-idaho-illinois.html

Nothing wrong with that, but I strongly believe that it puts you at a disadvantage when participating in a professional networking site like BiggerPockets.Finally, any social media expert will tell you that using your own image is good for business and is the key to personal branding online.

Most do not have an issue with this because if you are not able to create a spread, you at least have a backup buyer waiting to purchase the property.

So if the gross profit (not counting re-sell fees) was $250k, then you could expect a fee of around $25k, however, on a spread that large, often the % drops a point or three.

But on this board it's been stated that not all mold is a big issue, so I wasn't sure if it had spread.

Agriculture is very land-intensive and required people to spread out throughout the country wherever there was arable land.The only reason why so many people live in the Mid-West is because they happen to already live there.