Southern California Investors

[Domonique Hudson]

Hello guys and gals,

I hope your 2015 is off to a great start. I wanted to know with California being such a competitive market and having some cash investors buying at up to 90 to 95% of ARV on some properties for buy and hold. Traditionally investors required that a wholesaler would get a property at 70% minus repairs but it seems like thats not necessarily the case any more. What do you think is a safe number these days or is that whole 70 percent philosophy out the window now and guys are buying anything as long as its anywhere between 80 to 90 percent?