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Updated about 7 years ago,
Determining ARV for a BRRR
I'm having trouble figuring out how to determine an estimated ARV for a property based on sold comps. When I compare the comps to the subject property, I feel like I'm working backwards (i.e. bringing the comps down the subject level instead of bringing the subject up to the comps). Is this the right approach for determining ARV or should I be basing more on just Sell Price/SF?