Does the wholesaler include rehab costs in repairs ?

2 Replies

I have a buyer who wants me to use this formula

ARV- Repairs+upgrade costs *70=asking price. Is this accurate?

Typical formula would be ARV x 70% - Repair costs = Offer price. Not sure what you mean by "Repairs+Upgrade" costs, they're the same thing in this situation I would assume

Originally posted by @Robert Garcia :

Typical formula would be ARV x 70% - Repair costs = Offer price. Not sure what you mean by "Repairs+Upgrade" costs, they're the same thing in this situation I would assume

So I did my numbers like

ARV- Immediate repairs*70= My asking price.

The house is in perfect condition , minus minor cosmetics. However the buyer wants to rehab and upgrade it and wants me to pay the upgrade/rehab fees . Does this typically happen in deals?