As far as numbers go, what would a typical good deal look like? I know the formula is ARV * 70% (or less), - Repairs, and your fee, = contract price. Thanks!
* Dallas
it all depends on what your buyer is looking for… good deals vary on the buyers intentions and opinion… :beer if he’s a buy and hold 80% could be atractive to him… if he’s a flipper 40-70% could be atrractive depending on the area of the property…
I agree with last post , and would include that a good deal is one where your payout meets or exceeds the amount of cash you planned on making per deal to meet your needs. It’s also one where the buyer and sellerns needs are totally satisified so you can get repeat biz plus referrals