Whatever you think the ARV will be, haircut that number by 15% when you are underwriting the deal.

Why would I take a deal to someone that will ask me to take a haircut?

I don't get my haircut at the beauty school academy...

If you need a license to do a $20 hair cut, how is it unreasonable for hundred thousand dollar real estate transactions? 

Now re-capitalized and with new haircuts along with their new suits they were perfectly positioned for covid. 

Our programs min is 680 but can go as low as 660 with a LTV haircut) plus looks at liquidity position rather than tax returns or W2's.Fix and Flip Loans- Low barrier to entry (ex. program min is 680 FICO but we can go as low as 650 with a 5% LTV haircut).

The only difference was that on the sale 5 years late being that I took a 60% haircut. 

Hair cut, karate school, gym, restaurant, doctors office, dry cleaners ( the new green kind ) so no EPA issues down the line.These are places where the customers have to go there and spend money to do business.I am not interested in clothing stores, hobby shops, gaming centers, etc. where the tenant could be a zero or a hero.NOW if the clothing store tenant has very high net worth and liquidity with a personal guarantee then the store can lose money and they still pay the rent.

He's willing to sell low and take a haircut, so long he is able to 1031 in to a different, hands off property. 

Cut out eating out (or decrease it), shop at a lower end grocery store, meal plan, get your hair cut less frequently, don't get coffee at Starbucks, etc.