When you say 70%ARV, what is your expectations?

[Jennifer Lee]

Hi BP

My non-investor broker said something that struck me yesterday.
She said, that I'm not a "normal" investor bc I flip 150-200k homes here.
these are 1200-2500 sqft homes in 50-70k income range.
They are older 50 yrs old home that need TLC.

She says most investor prefer the 20-80k deals.

Again, I know, only what I know, and I just started as an agent. I've already go a few investor knocking at my door.

I have found deals in my "farm" at 70% or below. Now I am worried that they are expecting the latter, 20-80k deals?

Their only criteria is 70% ARV, or 70%ARV -repair, I got financing. Anywhere. (in our city and surrounding areas)

I thought as long as there is a market and number works, who cares what the property is.
SFH, Condo, townhouse, commercial, multi-unit

but I can be wrong, please help me be a better investor/realtor