Nathan Payne argues the 70 percent rule formula produces lowball offers that kill deals. His pre-flip method lets you evaluate a property's real profit before making an offer, like a house that flipped for $86,000.
The max allowable offer formula might be one of the dumbest ideas in all of real estate. Seriously? 70% of ARV minus your rehab minus your wholesale fee, and that's the max allowable offer? You really think that every buyer uses this magical formula to calculate their offers? That's why wholesalers make terrible offers and waste a lot of people's time. That's why sellers get offended. That's why deals blow up and don't ever make it to the closing table. Here's the truth: every buyer is different, every market's different, every street is different. So that's why we use the pre-flip method, which allows us to flip a house before we even make an offer. We flipped a house for $86,000 doing this. I break the whole strategy down in my free masterclass. Hit the link below to register, and I'll see you there.
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
