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Updated almost 5 years ago,
what percentage of ARV do you look for as a buyer?
Hello, this will be my first post on here but I wanted to reach out to buyers in Kansas City to get an insight as to what percentage of the ARV do you look for? In most cases, Buyers in other areas want to buy at 70 percent minus the repair costs but there are exceptions for example, In LA, due to the saturation of wholesalers, you can easily find a buyer at 80%. So I just want to know what cash buyers look for in the Kansas City area. Also, when it comes to rentals, what kind of rent do you look for in regards to the value of the property?