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Updated over 4 years ago on . Most recent reply
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Anyone done a a lot of foreclosure deals?
Hi guys,
I have gone through all the bigger pockets books and have been putting in offers for sometime.
This is the first one I have gotten some trAction on; the bank has come back with comeback with your best offer.
I think the ARV - $330k (do you agree?)
70% - ARV - $231,000
Repair budget - $20k
I put in an offer at $210k with financing.
Should I go lower and use hard money lenders?
This is my first house ever and don’t want to screw it up.
https://www.redfin.com/MO/Ballwin/2-Finlay-Flds-63021/home/93532968?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link
If someone could just help me make sure I dot my it’s and cross my T’a on this one I would REALLY appreciate it.