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All Forum Posts by: Delatour Zimmer

Delatour Zimmer has started 1 posts and replied 1 times.

Post: Have a better fix/flip formula?

Delatour ZimmerPosted
  • Professional
  • Palm Desert, CA
  • Posts 1
  • Votes 0

Does anyone have a proven formula for figuring net profit from a flip? I have been quoted 68% of ARV, minus rehab costs, for max purchase, but net profit seems over inflated and does not seem to include enough holding costs,escrow, taxes, insurance, Real Estate costs etc. Any feedback or better formula? I need to be able to figure quickly if a property is worth pursuing in more detail.

Thanks so much!

new investor

Dela.