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Updated over 8 years ago on . Most recent reply

Davit Gharibyan's profile image
Davit Gharibyan's profile image
Davit Gharibyan
  • from Saint Paul, MN
  • Member since Dec 1, 2015
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Davit Gharibyan's profile image
Davit Gharibyan's profile image
Davit Gharibyan
  • from Saint Paul, MN
  • Member since Dec 1, 2015
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Davit Gharibyan
  • Saint Paul, MN
54
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177
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Wholesaling

ARV Question

Davit Gharibyan
  • Saint Paul, MN
Posted

Hi,

I have a motivated seller who is asking me to make an offer. He purchased the property in 2011 with contract of deed for $45k and 20% down. He fully remodeled the house in 2012 and has a tenant since then who pays 1000 month. Comps in the area range from 106000 to 160000. Does anyone have a good idea what the ARV on this property will be. It needs minor work, change couple of interior doors and fix a hole in the wall. Other than that everything is ok. Any feedback is appreciated.

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