Читать книгу Commercial Real Estate Investing For Dummies - Peter Harris - Страница 79
Making sure you have equity
ОглавлениеYou’re in it for $850,00, and after accounting for the $50,000 in repairs that are needed, you have $100,000 in equity in the property. This is critical to wholesaling a deal.
| Your Price | $850,000 |
| Repairs | $50,000 |
| Your Equity | $100,000 |
| Value | $1,000,000 |
Notice that you have it under contract, so you legally control the property. And because your price is below retail, there’s value in your position, which is what makes wholesaling work.
