The good, the bad, and the ugly
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!
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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.