an old boarded up, built in 1880, total gut house for $200K where the ARV is $710K in Long Island, NY

[Pete Nater]

Attn Rehabbers: In general would the average experienced rehabber deal with an old boarded up, built in 1880, total gut house for $225K (topic says 200K but it's 225K) where the ARV is $710K in Long Island, NY? needs new everything, inside and out. My wholesale fee is already taken into account separate from those numbers. I'm thinking yes, because I keep hearing that replacement cost is still less expensive than new?