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I am trying to find the accurate contact information for the Flipping Formula acquisitions manager, or someone with them who can tell me what they are looking for in the St. Louis market. Can anyone provide their cont...
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I bought the $2,000 2 day seminar and I just found out they try to sell you more product after this seminar.....is this worth it or should I walk away?
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Has anyone ever come up with a formula to solve when to hire work out? I have a entrance area needing done on an apartment, material is approximately $2000, plus a labor cost of $3000. This work would take me, by myse...
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I recently closed on an FHA 203k loan and am struggling to calculate FHA annual MIP. The calculation as outlined in HUD 4000.1 is not clear. I tried reaching out to my lender, as well as the FHA help desk, and neither...
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Hello I came across a CoC formula and was wondering if anyone in the community could answer this question. The formula is:
CoC=(NOI - Debt Service - Cap X)/(Acquisition Cost)
What is the Cap X? There is the mont...
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I'm talking to potential sellers in some select zip codes close to Downtown Kansas City, MO. I've targeted areas of town where I'm seeing a lot of flipping activity. Of course, there is the classic MAO formula for who...
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So I’m just getting started with wholesaling in realestate. So far I’ve been looking at videos (mainly Jerry Norton and a few other gold nuggets but not gurus), I’ve joined Facebook groups, telegram groups and now bi...
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Hello BP community,Can somebody tell me what is the formula of estimating the price of the rental unit?
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Looking for advice on a formula to use for tax deeded properties. Acquisition, ARV, cash-out. What formula are you using, or considering using?
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I'm working on a lead that just came in for a really nice flip that's nearly finished ($20,000 left in repairs max) from a seller who just wants to sell AS IS so he can move on to another fix and flip.Does the ARV x 7...