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Updated almost 6 years ago,
Offer in on my 1st rental property.
Hello BP,
I been searching for the right 4 plex to start my journey. I feel I took too long to pull the trigger on submitting an offer on a deal. I watched great deals go under contract while I sat on the sideline. Watching others buy deals I had my eyes on shows I was looking in the right places.
All properties have 70% ARV as well the 1% rule AR. I am in a nice market (Massachusetts)
Question: Are all deals good if they past the 70% rule?
Thank you