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Updated over 8 years ago on . Most recent reply

David White's profile image
David White's profile image
David White
  • from Edgewood, Maryland
  • Member since Oct 12, 2014
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David White's profile image
David White's profile image
David White
  • from Edgewood, Maryland
  • Member since Oct 12, 2014
Connect
David White
  • Edgewood, MD
59
Votes |
283
Posts
Wholesaling

Getting an ARV with no comparable comps

David White
  • Edgewood, MD
Posted

A potential seller reached out to my partner and said he wanted to get rid of his house. The seller owes 37k on a home equity loan. Its a 700 sq ft 2 bd 1 ba house on a 7800 sq ft lot. Besides his house and 2 others all the other houses on his street have been severely updated within the past 10-15 years. They're all at least 2 stories with some even having garages. So my question is how do I determine an ARV?

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