Does Wholesale Formula Change on a Nearly Completed Flip?

Does Wholesale Formula Change on a Nearly Completed Flip?

Wholesaler · Baton Rouge, LA · Member since 2008 · 471 posts · 98 votes

I'm working on a lead that just came in for a really nice flip that's nearly finished ($20,000 left in repairs max) from a seller who just wants to sell AS IS so he can move on to another fix and flip.

Does the ARV x 70% - repairs - Wholesale fee = MOA or does is it adjusted due to the lower repair cost?

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  • Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    3y

    You use the same formula, nothing changes. The repairs will be lower. 

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