A few BRRRR questions

[Corey McNabb]

So I have been researching the BRRRR method but I am struggling to understand a few things and it may be just due to only having read about it and not having watched the process, but if anyone can help me understand how you analyze BRRRR deals, and I dont mean using the calculator, more specifically, how do you get all the information required? For the ARV do you look at sold comps? How can you estimate the rehab if you haven't seen the property, or can you not do it without seeing the property?

Also I heard a podcast that talked about buying at 70%... Do they mean 70% of asking price? or ARV?

Sorry I know that is a lot of questions at one time but any help would be appreciated.

Thank you