As agents, we need to add real value and this is not the way to do business.My tip for agents looking for deals for investors is to be more worried about your client than your commission and more focused on providing value than making everyone else do your job.

Or you can get lucky and find the needle in the haystack off market deal, but generally speaking, sellers aren't stupid, have access to the internet, and have an idea of the fair market value of their home.

This non-profit has offered a commercial lot appraised at about 3x the value of my lot.

What should be the value of raw land (in percentage) from a given price of a built house ($750K)?

Ok - where I need help is how do I value this property ?

If you stick with conservative loan to values then chances of a loss are slim, there could be delays in getting paid but you should be able to preserve capital with the lower loan to values.

The third-party appraisal came in at $110,000 so regardless of if you "know" the property is "worth 120-140ish" , we can not lend based on your opinion and must utilize an independent-third party value. 

You may find value in joining market specific fb groups. 

How did you add value to the deal?

So lets say you depreciated the value down to $50,000.