I have a great NO_MONEY_DOWN rehab flip program.
How would i calculate ROI for investor with no money out of pocket.
Say i found a house for 20,000 use investor credit to purchase and rehab with lender money
Say rehab money totaled another 20,000+ points and fee’s say another 6,000(HIGH)
46,000 into the deal
Yet selling property at 78,000.
ROI ???
???
Are you serious?
Should i use all the money in the deal even if it is OPM ?
Or borrowed ?
I am as serious as they come.
Christopher.
58% or 158% just not sure
Maybe i should do a startup fee for the program.
That would make a real ROI # allthough high.
Infinate. Unless you assign a number of hours of the investors time required and a rate per hour…which is kind of asinine…otherwise…infinate.
Yes,thats why i decided to do the start up fee.
The time calculation did seem asinine not to mention variable.
So i think i will start the offering at 5oo dollers per invester.
Just trying to do a ad layout.
thanks for the help.
I have to say that you have to lose the Bruce Willis moniker to be taken seriously. Come on man…
Nate-WI
Data, much more fitting i think.
The Data is real.
1511 SOUTH 8TH STREET, SHEBOYGAN, WI 53081
Around the corner from:Lake Michigan and General King Park
Might want to check value for this area.
This one seems to be priced right at 85,900 (asking price)on a(REO)
With 2012 sq ft living space.
And full basement?
Demographics:
Neighborhood 0.00% Suburban, 98.18% Urban, 1.82% Rural
Households 18,107
Household Income $43,618
Population 43,151
Population Density 1,606 (persons per square mile)
Median Age 35.77 years old
Ethnicity 86.41% White, 1.27% Black, 0.45% Indian, 6.55% Asian, 0.05% Hawaiian, 5.27% Other
Education Index Average
Education 24.61% College Graduates, 49.16% High School Graduates, 26.23% did not graduate High School
Crime Index 82
OR+
4 and a half blocks away for (asking price) of 49,900
1640 S 12TH STREET, SHEBOYGAN, WI 53081
1510 sq ft
You can inquire about or putt offers in on both with:
Dorothy DeZwarti-Shaske
OR possibly direct with the bank.
And as alllways if I can help let me know.