Updated over 5 years ago on . Most recent reply
Fix & Flip Calculator issues
BP
I have been using the Fix & Flip Calculator and can't seem to find a way to separate the Purchase price from the closing and other fees. I want it to reflect that my Max Offer is 8k, but the field for the Purchase price includes closing and other fees. This mobile home needs a min. of 5k rehab. To be honest it's a bad deal, but I am practicing on how I would make the deal work regardless. This is a definite Rehab project. 16k would pay for the home out right, but it sits on a lot where the owner is paying $465 for the lot and $228 for the loan. He is 4k in arears and being evicted in two days by the Constable. My thought was to make an offer on the home for 8k. and put in 5k for floors and paint and list it for 50k.
I'm having a trouble figuring out how to get the calculator to reflect my purchase offer.
Thoughts?