Any cash buyers (or people who have worked with one)?

[Andrew Whytock]

Trying to do a little research on how cash buying works and I'm wondering if there are any cash buyers out there who I can chat with or possibly even investors or sellers who have worked with cash buyers in the past. I just need to ask some questions. Thanks!

[Scott Bottomley]

@Andrew Whytock

I run my own comps using MLS data through PropStream. This allows you to figure out the after repair value (arv).

The typical wholesale max allowable offer is .7x arv - repairs - your wholesale fee.

The biggest variable based on your market is the percent that cash buyers will buy at. 70% is typical but can be up to 82% in some markets and lower in others