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Updated almost 6 years ago on . Most recent reply

Sheila Campbell's profile image
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Sheila Campbell
  • Rental Property Investor
  • from GA
  • Member since Jan 22, 2019
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Sheila Campbell's profile image
Sheila Campbell's profile image
Sheila Campbell
  • Rental Property Investor
  • from GA
  • Member since Jan 22, 2019
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Sheila Campbell
  • Rental Property Investor
  • GA
61
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73
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Foreclosures

Determining ARV New Wholesaler

Sheila Campbell
  • Rental Property Investor
  • GA
Posted

Ok, so I'm about to start wholesaling foreclosures in my area (seen a few, actually in decent shape, require minimal repairs for area). How would I determine ARV? I keep reading about 70% but I'm not sure I understand. Thanks

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Lydia R.'s profile image
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Lydia R.
  • #4 Wholesaling Contributor
  • Wholesaler
  • from Austin TX
  • Member since Mar 19, 2016
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Lydia R.'s profile image
Lydia R.'s profile image
Lydia R.
  • #4 Wholesaling Contributor
  • Wholesaler
  • from Austin TX
  • Member since Mar 19, 2016
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Lydia R.#4 Wholesaling Contributor
  • Wholesaler
  • Austin TX
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Lydia R.#4 Wholesaling Contributor
  • Wholesaler
  • Austin TX
Replied

@Sheila Campbell ARV is the After Repair Value—what is the home going to be worth once it has been rehabbed. The only way to accurately determine this number is to run comps on the property.

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