The good, the bad, and the ugly

[David Mesteth]

Can Someone educate me more on what a good, bad , and ugly deal look like numbers wise? TIA. I want to get the best understanding and I believe this group is the place to get it!

[Nick C.]

Hm. Well a good deal is generally 70% of ARV less repairs.

A bad deal is anything anything you lose money on. 

An ugly deal is something you lose more than money, you lose your will to keep going; maybe you get sued, maybe you buy a house at an auction with a mortgage on it, maybe you skip getting insurance to save money and the place burns down, etc.