How to Calculate Your Max Allowable Offer

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This is the #1 thing that scares new house flippers.

“What if I pay too much for the house?”

It’s a valid fear. I’ve made this mistake myself in the past.

Here’s how to ACCURATELY calculate your maximum offer price so you know how much you can pay and still make money on the deal…

A lot of house flippers hold back because they don’t want to get the offer price wrong.

So I asked Tyler Jensen to join me on the 7 Figure Flipping podcast again today to share some tips on how to do it right.

We’re digging into things like…

The truth about the “70% rule…”
What formula to use…
How much profit Tyler plans to make on each deal…
How to estimate holding costs…
How to plan for the worst-case scenarios…
Why you shouldn’t be conservative on everything…
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It would be good to include some level of business overhead/marketing cost allocation. Although probably not needed for a 1st time buyer

luketerry
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Good job guys thank you for taking the time to do this video.

shawnkessler