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Wholesaling

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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
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The thin line of profit vs. not taking advantage.

Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Posted Aug 16 2014, 18:56

What percentage of a ARV - repair costs would just be considered a steal? I know for flips you try to go for 70 % arv - repairs. But what is the best scenario to quickly flip the property to another investor? 60? 50? As a wholesaler if my estimate for repair costs is accurate and I'm getting properties for just dirt cheap compared to ARV how do I determine my commission? If I can make ten thousand dollars plus on a SFR does that mean that I should? I know most guys try to make "a few grand" on deals. Is there a certain time where the "moral" side of things is involved and I should be paying more for a property?

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