Hello,I'm new on this forum and in this business as well, I have this house in Fairmont WV, the seller wants 70K and ARV is 143K, repairs needed are approximately 40K, my question is, how much money should I ask to assign the contract to a cash buyer?

things that turn off the retail buyer and in turn get the price down but that either are easy to correct or can wait.  

FYI: You may want to go on YouTube and watch a few videos first just to get a better understanding.

This house had 14 offers in the first 24 hours, but our cash offer beat out a slightly higher offer that would have needed financing and the buyer knew the house wouldn't pass FHA. 

My wife is an agent in SE Idaho and usually keeps pretty busy during winter as well. there are less homes for sell but there are still buyers looking.

If I'm in a buyers market I'm going to hold my money to buy but if I'm in a sellers market I would go forth with the rental arbitrage.

But what's the typical  yearly income / cost of house cash buyers are looking for without factoring expenses

My thought is to start in tax deed states near high growth areas and targeting municipalities or builders in the area since those seem like the largest buyers.

@Cody Blackburn hi Cody, I recommend you watch some of the BP videos on YouTube or listen to the podcasts to figure out what type of REI Is best for you.

I find a tenant buyer to lease it from me for $1,000 a month. 3.