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Updated almost 11 years ago on . Most recent reply

User Stats

122
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11
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Aroldo Villarreal
  • Specialist
  • San Antonio, TX
11
Votes |
122
Posts

Has anyone found 70% deals in San Antonio?

Aroldo Villarreal
  • Specialist
  • San Antonio, TX
Posted

I've been looking for SFR that meet the 70% ARV minus repairs in San Antonio but have not had much luck. Is this something that is not going to work in this seller's market? Should I raise my maximum purchase price? I've been looking for about 5 months and have gotten offers rejected when I try to use this formula. Any guidance will be appreciated!

Most Popular Reply

Account Closed
  • Dallas, TX
744
Votes |
4,988
Posts
Account Closed
  • Dallas, TX
Replied

70% are just a guide, and yes you will get rejected. You might want to try your luck at off markets REOs.


Joe Gore

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