OfflineIs a 6K spread enough to make money on a house. If I get it for 4K and sell for 10K? Do I get the buyer to pay all closing cost? Am I forgetting other costs? I wouldn't do repairs, but as is. Tammy
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Anybody??
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most of all you want to make sure you leave enough money in the deal for the investor you sell it to. don't be greedy and have a little room to negotiate. i think $6000 is great, but if you only made 1/2 that, it's still more than you had and probably doesn't cost you much in time. just my 2 cents.....
Linda, Army EOD Mom
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I think I may have to do that. I just didn't know what kind of spread was needed. Thanks.
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https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.