Updated over 15 years ago on . Most recent reply
HI
Can someone explain the process of how the money is deducted viz the HUD 1. Let's say that you are purchasing a house from the bank for 60k, it can easily sell for 115k which you found by using comparable sales. How is the money for the fixed costs, closing costs and rehab costs coming out in all of this. I need someone to explain lol. hanks alot. I also want to know is the Max Purchase Price method is better than the wholesaler formula.
Thanks