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Updated over 5 years ago,
How do you find ARV MultiFam when no 90 day comps to be found?
I am in the process of doing the calc for a multifamily - old neighborhood - good income, but needs a good reno. Owner wants to know the Wholesale value but I have no recent comps.
There are many recent SF homes sold, but this home was turned into a good money maker years ago ($3,350 under value rent).
Any advice out there on using these two bits of info to create a Wholesale value to present to investors? It's a good one.