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Updated almost 5 years ago on . Most recent reply

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4
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Brandon DePaul
1
Votes |
4
Posts

New Investor trying to Analyze deals

Brandon DePaul
Posted

Question, when it comes to foreclosures, how hard are the numbers banks ask for the properties? Are the willing to haggle? I analyzed a house but for it to work, i was 25,000 off there asking price, and that is not having hard ARV and rehab cost, ya know just a quick analysis. The asking price was 69,900 but the flip calculator was saying i could offer like 45,000. i guess my big question is, Brandon says in his webinars that, every house has a number that makes it a great deal, so do I find that number on every house and make an offer on the house or, if I am 25,000 off, move on?

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