He said I need to learn how to value properties better or I’m not going to get a deal from anyone.So I’m just wondering if Im takIng the rIght approach on preparing my offer price. is 65% too low , am I over budgeting in repairs, or was my offer fair? 

He said I need to learn how to value properties better or I’m not going to get a deal from anyone.So I’m just wondering if Im takIng the rIght approach on preparing my offer price. is 65% too low , am I over budgeting in repairs, or was my offer fair? 

For example, I recently spoke with a note investor with the following initial qualifiers: NPN / SFR / Current Market Value: $50K - $250K /  2 or 3 BD / min 880 SF / County Population: min 50,000 / Low Crime RateAny feedback or insight would be appreciated. 

Properties in coastal cities often will have a low ratio which is indicative of a low risk asset and/or market.

Options/Advise requested.Looking to purchase an old home with low money down (up to 5%).

We own primary home with 50k equity.Want to invest in lower risk, low or no repair/rehab work real estate.We will sincerely appreciate all advice.

He said I need to learn how to value properties better or I’m not going to get a deal from anyone.So I’m just wondering if Im takIng the rIght approach on preparing my offer price. is 65% too low , am I over budgeting in repairs, or was my offer fair?

@Ned Carey I am seeing potential out there but most are very low cash flow or close to breaking even.  

Again I have a low paying job and live in a high priced area... so thats why I'm hoping to go this route than a hard money lender.If all of this goes as planned and I flip enough properties for a profit, all of my proceeds will be put into a savings account and used to buy an apartment complex at some point in the future.So thats pretty much it, before all this I thought about doing wholesaling but know its harder to get sellers to sign their homes to you and I've never been a good salesman either, let alone any potential legal issues with it... so I don't think that's the right path for me.Any input would be GREATLY appreciated!!

The worst property on the best street with rents that are considerably low.