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Updated almost 7 years ago on . Most recent reply

User Stats

68
Posts
11
Votes
Deonte Palmer
  • Flipper/Rehabber
  • Chicago, IL
11
Votes |
68
Posts

How much gap should you have in selling price and buying price

Deonte Palmer
  • Flipper/Rehabber
  • Chicago, IL
Posted
What is a good spread when trying to get a good profit out of a wholesale deal.

Most Popular Reply

User Stats

5,028
Posts
2,573
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
Votes |
5,028
Posts
Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied
@Deonte Palmer

In that high of a price range then no that would not be a good one.  When you said spread I was thinking you were referring to your profit to make. Something around $297k you should be trying to get for 70% ARV minus the repairs.

  • Curt Davis
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Curt Davis - KAIZEN Realty
5.0 stars
38 Reviews

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