80% ARV before repairs

[Deshawn Jackson]

Im having trouble convincing owners to sell homes using the 70%arv before repairs method. Is that a deal killer in californa?

[Account Closed]

When I'm negotiating with a seller that wants full price, I get owners financing and structure the deal with 0% financing then I structure the financing where there is plenty of room to sell the house on a lease option. I always offer some cash up front, monthly payment for 5 years and then the balance paid at the end of 5 years. Then I sell the house on a lease option where I get more than I have to put down to buy the house, more than I have to pay in monthly payments, and more than I have to pay at the end of 5 years.