Cash Buyers In Scottsdale Arizona

[Daniel Salmeron]

Hey everyone, ive been virtaully wholesaling in AZ. I have a lead and am working on the price. My Formula is ARV x .75 discount for cash buyers - 20k light repairs - assignment fee. My question is how much of a discount are cash buyers looking for in this market. Ive heard 75% of ARV is standard. But considering this hot market would that change? The property is rent ready for a long term hold but can use a light rehab for maximum ARV from the comps i have for a flip strategy. Thanks for your input in advance!

[Lamar George]

@Daniel Salmeron It really depends on your buyer. Buyers have certain strategies. If your buyer is a buy and hold person then many times they are not equity driven. If you have a fix and flipper then equity is key. Just remember like @Deonte Brown stated make sure there is enough meat on the bones for you fix and flip buyers. My advice would be to contact your buyers and see where they are in this crazy market.