Real estate blog entries tagged with equity by Jim Watkins (DFW Mentor)

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Home : Blogs : Jim Watkins : DFW Mentor : Tag "equity"

equity: Simple Formula to Figure Equity Percentage AND Cents on the Dollar Cost - 02/14/07 10:42 AM

This may seem elementary to a lot here but I continue to see my students writing frantically to get it down so, I thought I'd post it. (also posted on another national site)When you first look at a potential deal, how do you determine the equity percentage and/or figure out how many cents on the dollar it will cost? This is a very simple thing to do and knowing it will greatly assist in walking away from a potentially bad deal. Example: A house will cost you $65,000 to buy and has an After Repair Value (ARV) of $100,000 (The ARV … (0 comments)

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Jim Watkins

Garland, TX

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