I'm not much of a rehabber, but I did enjoy Buy it, fix it, sell it : profit!

So 10 k on holdover, 10k on realtors to sell fast...and then I'm down to 20k profit....and guess what?

Profit Proformas, using the above info you create a guessitmate of what you could potentially make on this deal.These are the "basic 10" if you will ;) I would only expect a birddog to make it to #7.PS. when asking a realtor about: zoning, hydrology, utilities, and other basic things.

So my question is how much tax will I have to pay on that $200k profit?

Assuming you have a solid market for townhome product you can get a very solid guage of the potential profits in this deal.

I am a very honest person, almost to a fault sometimes.I basically do my negotiation, by reviewing the facts of the property with the seller, let them tell me some things about the property, their situation, why they are selling etc... but when it comes time to closing the deal, I have no idea what to say to justify my offer without spelling out how I arrived at the numbers (such as I put in offer of 70%-repairs-profit).

For anyone willing to share, what do you typically profit (after all fees, not including capital gains) make on a single family home rehab with an ARV of say 200k?

I have earned some great short term profits, all while staying on course for the long-term.

4 - What information can I find at the Local County Office and how can I use that to profit in wholesaling?

As long as your numbers represent this shift then your profit won't change.The shift from a seller's market (normally under 6 months of inventory) or otherwise known as a strong market to a buyer's market (over 6 months inventory) or a soft market opens up the door to investors to purchase properties at even a more significant discount than before.