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Updated over 16 years ago on . Most recent reply

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35
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Loc Nguyen
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35
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Pricing a wholesale deal ?

Loc Nguyen
Posted

I have a quick question, kinda feeling like a homer asking this too.

But lets say I purchase a house with an ARV of 100k and i want to wholesale it.

so ARV 100k
70 percent 70k
Closing and Atty fees 6750
Wholesale profit 5k
Repair cost 10k

so my maximum offer would be $48250

Lets say i pay the atty and closing cost out of my own pocket does that mean i add it to the sales price when i sell the property ?

$48250 plus
5k wholesale profit plus
$6750 equals

60k sales price ?

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