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The Target Bid price is based on practical ratios of: Purchase Price to Property Valuation (or List Price if similar) that creates an equity position suitable for covering predetermined ratios of financing, carrying, repair, closing, and sale costs, etc… while also factoring in time on market, and potential valuation at resale. While the Target Bid evaluation figures do represent a general target ratio, they are only to be used as a guide. Purchase Price and bids should be determined based on your own individual and independent review and assessment of the property, situation, and risks associated in real estate investing.
The Potential Profit shown here is not guaranteed, and does not include any transfer taxes, any mortgage payments, HOA fees, closing, or any other carrying costs that may be incured as a result of purchse. Potentail profits should be determined based on your own individual, and independent review and assessment of the property, situation, and risks associated in real estate investing.