Repairs Needed: $100,000APV: $610 - 620,000Est.

Now I only contact the listing agent, and every time I hear "oh I work with investors all the time let me send you some listings" I tell them thats great and also included a list of repairs needed on the property and an ARV. long story short I never hear back from them.

Cheap to replace and makes a world of differenceExterior repairs.

Can someone please explain the 70% of ARV minus repairs formula?

Hey Kenneth I would like to network with you, I'm a real estate investor myself but I also do mortgages and have a service where I repair and help build credit scores.

The practice of AU (authorized user) is one we used to actually teach in a credit repair seminar we ran for mortgage companies and auto dealerships.

I haven't auctioned any of my own property, but I have attended some auctions where the auction price ended up higher than what I considered the After Repaired Value of the home to be, and the home still need major updating!!!

Is doing property inspections, title searches and repair estimates a necessity for me as a wholesaler?

Some HML's will roll their points into the loan and some will roll repair costs into the loan.

I purchase single fams at less than 70% appraised value (after repair appraised value).