For this example we will use 70% For this formula you will need to know the following:ARV=After Repair Value ( How much will the house will sell for after making all the repairs needed)Repair Estimate - (Send me a message and I can send you a list I got from my mentorship class for ball park estimates based on square footage and depending if you need cosmetic repairs, avarage repairs or Extreme repairs)Your Assigment FeeARVx.70 - Repairs - Your Assignment FEE = Max OfferExample$200,000 x .70 = $140,000 - $30,000 (repairs) - $10,000 (your profit) = $100,000 (offer)Your potential profit is $10,000 I hope this formula helps you make offers that will make sense for all involved in the transaction.Happy Wholesaling,Lily Rodriguez - Investor friendly Broker18 years in the business, and I understand it perfectly.

Ask them how long they've been in the business.

Do you have a business and a website?  

Look into who started this company and its business template. 

Lots of syndicators got into the business in 2018 and 2019 and simply got lucky when cap rates dropped from 7% to 4%. 

I am a small business landlord.I am in the process of building and ADU in the backyard.

I find Peter to be knowledgeable and every effective and making the business points that keep me out of trouble.  

We financed the purchase through a local and trusted HML and partner, now friend and business associate, Mike, funded the bulk of the rehab.

We financed the purchase through a local and trusted HML and partner, now friend and business associate, Mike, funded the bulk of the rehab.

Unless you run a high risk business, I'd not use an LLC, and especially NOT for ownership (zero advantage).