Good morning, users
I hope I’m asking this question on the correct topic.
Let’s say you buy a fixer up for $10,000 and rehab and fixing everything from top to bottom will cost around $100,000. That’s going to be $110.000 total with buying and fixing.
Now the list price is going to be $250,000. Would a person selling it earn that 250k? or would they subtract the 110k – 250k = profit will be $140k.