Do short sales have to have the standard 30% discount in order to be a deal?
Thanks in advance!
Do short sales have to have the standard 30% discount in order to be a deal?
Thanks in advance!
A deal is any % for that type of property where you can easily sell and make a profit on.
I always make my offer based on how much money I want to make for that deal. I usually like to profit between $25,000-$40,000 per deal if possible. Many people use formulas to come up with their offer. I get a number I feel like my effort is worth and start there. I obviously have to factor in repairs, past due amount, value, etc as well.