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Updated over 7 years ago on . Most recent reply

Tierra Lacy's profile image
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Tierra Lacy
  • from Red Oak, Texas
  • Member since Jul 5, 2017
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Tierra Lacy's profile image
Tierra Lacy's profile image
Tierra Lacy
  • from Red Oak, Texas
  • Member since Jul 5, 2017
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Tierra Lacy
  • Red Oak, TX
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Real Estate Deal Analysis & Advice

What Should I Offer?

Tierra Lacy
  • Red Oak, TX
Posted
I am looking into a deal now. It is a 3 bed 2 bath 1750 sq ft house in the Dallas area and it is on a busy street. The asking price is 335k and comps are from 390k to 450k. It needs about 30k worth of repairs. This is my first deal I am analyzing. What do you think I should offer?
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Alex Huang's profile image
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Alex Huang
  • from Dayton, Ohio
  • Member since Nov 14, 2017
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Alex Huang's profile image
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Alex Huang
  • from Dayton, Ohio
  • Member since Nov 14, 2017
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Alex Huang
  • Dayton, OH
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Alex Huang
  • Dayton, OH
Replied

I highly recommend checking out this J Scott post on Estimating ARV.

https://www.biggerpockets.com/files/user/jasonscott/file/estimating-arv

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