Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Connor Bailey
  • Nashville, TN
0
Votes |
3
Posts

Tar Down / New Build Wholesale Fees

Connor Bailey
  • Nashville, TN
Posted

I have found a great wholesale opportunity for a tear down and am not sure what fees to add to my numbers. Rehab fees just use the 70% rule. Is there a specific rule for new builds?

Most Popular Reply

User Stats

1,463
Posts
1,240
Votes
Allan Smith#1 General Landlording & Rental Properties Contributor
  • Contractor
  • Nashville, TN
1,240
Votes |
1,463
Posts
Allan Smith#1 General Landlording & Rental Properties Contributor
  • Contractor
  • Nashville, TN
Replied

New build numbers vary wildly which makes it hard for wholesalers to estimate value. 

rule of thumb, in the inner core of nashville, a builder would pay 25% or so of exit price of house.

if it's more suburban like 37211 20% is more about right. In Springfield I paid less than 10% but that was 3 years ago.

Loading replies...