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Updated about 3 years ago,
Wholesalers be honest with me...
South Florida wholesalers I need a little honesty from you guys.
I'm a serious buy and hold investor here in Miami and I'm looking to get a better understanding of what you guys are seeing in today's market.
I buy mostly SFH and small multifamily deals.
1. What kind of deals are you guys getting under contract?
2. What % of ARV are you locking them up for? Meaning on average are you guys passing these on to your buyers at 50% of ARV less costs, 60%, 80%?
Everyone is familiar with the 70% of ARV less costs benchmark when all is said and done but if those numbers are antiquated or just not the reality of today's market then what is?
Let me know.