Just curious.....

[Tarrin Lilly]

If my asking price of 50%-70% of the ARV does not cover the sellers loan then the deal is essentially eliminated correct??

[Brooks Rembert]

Tarrin,

Not necessarily. If the seller is very desperate and just wants out, if they have money to cover the shortfall, the deal can still proceed.

E.g., they owe $100,000, you offer $70,000. If they have $30,000 to satisfy the payoff, you're a go.