Posted by: Scott Rister
01/27/2003, 19:52:07
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Yep, maybe a little clarification would help. In terms of LTV......the lower you COULD purchase the property for if you were buy is a hypothetical LTV. Now, the lower you can get that bottom-dollar figure versus yes indeed the highest your buyer will pay is called that profit. In the end it all boils down to getting the property tied up at the absolute lowest and getting your buyer to the pay the most they can. If there's any daylight in between the two figures then its money in your pocket. I hope that helps and thanks for your post. Sincerely,
Scott
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