I am in the middle of a flip as well but with a more seasoned investor.How are you financing your current project?

In my main rental market (middle TN) I'd say 75% of asking on a property that has been on the market 6 months are longer is usually taken very seriously.

also, i apologize for my lazy writing... 100-120-150 were the key numbers that i've been quoted as a quick estimate for jobs in LA metro area ... well, at least in the 550k+ (1500+ sf) middle income type neighborhoods.and, ya... makes sense (now that you point out the obvious) that there wouldn't be any "national" hard # since land, labor, and materials vary greatly across the country.

More the better.2) Throw out the low and the high properties then take the average of the 3 or more in the middle and multiply by 90% (little buffer) to get the After Repaired Value (ARV)3) Now that you have the ARV you will need to work on the repairs.

CBR is middle credit bureau score.

About 90% of the deals I've wholesaled in my career have been in rural areas (many of them out in the middle of nowhere, actually).

Lower to middle class rental properties.

Middle markets have hundreds of millions.

It's only a 300,000 square foot store right in the middle of Springfield.Anyone who has ever hunted in Missouri with a rifle knows that the law there requires a 10 round magazine be used on a rifle when hunting.

I guess the only way they would is if they thought that the first mortgagee was about to foreclose but I have no idea how to put myself in the middle of a deal like this.