It should have read $218k.To answer your question of where you went wrong: the formula you were using was supposed to be:Max Offer = (ARV * 70%) - RehabThe 30% discount off of the ARV was to cover BSH costs and your profit.

This same topic has been discussed and answered in the REO forum before.

Hi people, there is a question that I have and would like it to be answered.

To answer your question about the MLS.

Best time of day is when they answer the phone.

Read those posts, stimulate your awareness, ask some specific questions, and we will be glad to answer and share our experiences to help you get started.

You can start with as little as $500 and they will answer all the questions you can come up with.

And another flip I've been watching got foreclosed on a second time because the flipper ran out of time and money.Mouschi, the questions you ask can only be answered by yourself after some very serious time and effort put forth into studying and learning.

I hope that answers your question....Jon

I also have a few REO questions and can't find the answers through the Search function.