Rehab profit margin - Posted by Ross-CT

Real Estate Investing
1

Posted by Glenn-OH on April 30, 2000 at 19:19:57:

You’ve got it backwards.

Selling price ------------------ FMV
Average cost to sell -----------?
Average closing cost to buy & sell?
Rehab cost --------------------- 12,000
Profit desired -----------------?

Purchase price -----------------?

Asking price is irrelevant. If they won’t accept your purchase price calculated this way, the only thing to go will be your profit, then why bother!
Glenn

2

Rehab profit margin - Posted by Ross-CT

Posted by Ross-CT on April 30, 2000 at 08:29:52:

Could someone advise what margin would be on an average rehab flip. Example:Asking price $75,000.00 approx.fix up cost $12,000.00.

Average closing cost to purchase deal—?
Average closing cost to sell------------?

Selling price---------------------------? How much ?

Thanks

Ross