Profit?

In my market the houses goes for 300,000 and up so how much profit should i leave for my end buyer if im wholesaling the deal?

Comments(5)

  • jam20016th December, 2004

    Most investors, I think you'll find, don't want to pay more than 60% of ARV.

  • focusonmoney16th December, 2004

    So basically you are saying leave 40% profit for the investor. I was thinking leaving 30% profit but i guess now im going to go for 40%...


    thanks..........

  • reinatalie16th December, 2004

    Quote:
    On 2004-12-16 14:30, focusonmoney wrote:
    So basically you are saying leave 40% profit for the investor. I was thinking leaving 30% profit but i guess now im going to go for 40%...


    thanks..........


    I think it's misleading to say 40% or 30% across the board. Percentage depends on many different factors, such as the type of market, the details of the deal, price, etc.

    If it's a seller's market, and properties are easy to sell, and there is minimal work involved, obviously the investor will consider smaller discount.

  • focusonmoney16th December, 2004

    Thanks for your reply it was helpfull...


    "I think it's misleading to say 40% or 30% across the board."


    I wasnt misleading nobody across the board, i was just asking the question....


    thanks again........

  • reinatalie17th December, 2004

    Definitely did not mean to imply that you were misleading someone.

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