All Forum Posts by: Kyle Brown

I believe so, Joseph! Just to make sure though:

So if Zillow estimates that the house is worth $100k (given that there's nothing wrong with the house), he's saying that he wouldn't want to pay more than $70k? (Which would include purchase price and all restoration costs)

I'm brand new to the game and a potential buyer I had been in contact with told me that he likes investing in and flipping houses with "70% AVR or less minus restoration costs". What exactly does he mean by that in easy to understand terms?

Thanks!