Investor · Owasso, OK · Member since 2015 · 28 posts · 0 votes
We did a direct mail campaign and have a potential deal however we need help analyzing the property here in the Tulsa Oklahoma area as to what we should offer. This is our first offer and we don't want to over offer or under offer being we are the first people the seller has spoken to and the home isn't on the market. We would appreciate any advice or help.
Real Estate Investor · Tulsa, OK · Member since 2009 · 26 posts · 8 votes
11y
Short of you providing the ARV and repairs, I would suggest that you use the 70% rule to determine your offer. However, you also need to reduce your offer further by your desired assignment fee.