Foreclosure Pro Calculator
For everyone working on Foreclosures I have created a quick use calculator for you to help with what your ideal contract price should be and helping with determining which exit strategy fits best.
This will also allow you to know which kind of buyers to rely on and how fast they can close the deal.
Make sure you download a copy for your own.
The following calculator includes a deal score that will help determine your direction and goals.
The only thing you need to edit is
ARV
Repairs
Costs (Holding & Closing)
You can put in your own desired Assignment fee under desired profit and you can typically get the balanced owed from your group Admin. I will pull that information from Propwire and County records.
You can find these assumptions by using the Chat GPT prompt: https://chatgpt.com/g/g-p-69d9d7a238f88191ac97a6a9821caeaf
Just type in the address only.
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Patrick Brown
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Foreclosure Pro Calculator
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