Buying & Selling Section
To learn more about or Buying and Selling check out the video below!
How it’s calculated
Fix and Flip buying calculation
ARV – Repair Costs – (Monthly Holding x Holding Months) – Other Costs – Desired Profit = MAO
Wholesale buying calculation
(ARV x Percentage) – Repair Costs – Other Costs – Wholesale Fee = MAO
- Percentage is based on the 70% rule. You can customize that percentage to fit your local market.
The selling sections allow you to track your costs and actual profit. Watch the video below for an overview of both.
Fix and Flip Selling calculation
Actual Profit = Sale Amount – Total Costs – Latest Buying Offer
Wholesale Selling calculation
Actual Profit = Sale Amount – Latest Buying Offer
Earnest money is how much you are asking your buyer to pay to hold the property for them, and deposited is a yes or no option if the Earnest money has been deposited to the Title Company.