Updated over 12 years ago on . Most recent reply
Wholesaling Multi-family formula
So I was at a local REIA meeting the other day and they talked about the basic formula for wholesaling which is Max Offer = 65% ARV - Repairs - Assignment Fee.
The guy was saying that this formula is typical of single family homes and not so much of multi-family homes. He was saying that you need to look at rate of return on the units as a consideration to find a Max Offer price. Is anyone familiar with this?