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Updated about 7 years ago on . Most recent reply
Help me understand ARV
Please help me understand ARV it seems like it can be very broad.
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@Eli Kalen, not sure what you mean by that.
ARV is somewhat subjective based on what comps you are looking at for estimating the value of a property once you complete renovations. But ultimately, ARV is the price someone is willing to pay you for that property when you sell it...or, the refi amount a bank is willing to give you for it, once you finish renovations.