Updated almost 11 years ago on . Most recent reply

Brandon SturgillPoster
Property Manager
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- Real Estate Broker
- Columbus, OH
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A Bad Deal at 44% ARV...
ARV $140,000
Purchase price $62,000
25% Down $13,050
Entrance Costs (lender fees and such) $2,500
Rehab $35,000
Holding $3,000
Exit $11,200
Mortgage Payoff $46,500
Desired Profit $25,000
Max Offer $1,300...
- Brandon Sturgill
- 614-379-2017

Realize Property Management Group
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Brandon, If Joe's summary is accurate, I would snap that deal up before it's gone.
What does "Max Offer $1300..." mean? Is that market rent or something else.