I have found time is better spent building tools to quickly analyze & procure new deals, rather than hyper-analyzing the metrics of one deal, ultimately making initial review faster & more reliable (spend time on the things that make sense, quickly remove things that don't, even junior-level staff can identify good opportunities with the tools, etc).For example, if I'm modeling a SFR to 3-4 unit scheme, I can quickly check the $/sf/mo for each of my proposed units and get a good idea of the GOI without having to manually dig through &  find rent comps in that City/Zip:- So instantly I know in Woodland Hills that a Studio is close to $5/sf/mo on avg, 1 Bedroom closer to $4/sf/mo, with the 2 & 3 Bedrooms closer to $3/sf/mo.

Once 6-12 months have passed, depending upon the loan program, you should be able to refinance it to bleed some of the "instant equity" out.

It's the instant gratification thing.

I have a $385,000 "note" that I owe $300,000 on for an instant equity of $85,000.

Instant dealbreaker for me

Instantly I can tell the hottest markets from the normal and cold ones, and separately determine which one's I am priced out of due to crazy high values.As for your auto-ARV feature, yes it can be done. 

Instant equity.

Instantly I can tell the hottest markets from the normal and cold ones, and separately determine which one's I am priced out of due to crazy high values.I'd suggest a similar value-based approach if you have the data to calculate on to identify a few markets to start looking for deals in, but remember this is still too broad of analysis to make a go/no-go decision on the projects you find.

Appreciation Value Buy - (instantly valued higher than my purchase price) - VERY RARE FOR HILTON HEAD!

Investment Info:

Single-family residence wholesale investment.

Purchase price: $40,000

Sale price: $63,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Mark Mil...