Determining ARV and Hard Money Lenders

[David Wicks]

Good morning,

I'm relatively new to BP and am working to secure my first property. Found a great opportunity on a forclosed sfr. How do I determine ARV? Also, does anyone know of a good hard money lender in the Pittsburgh area? I'm obviously a newbie so any insight will help.

Thanks!

[Anthony Angotti]

Hi @David Wicks

You can ask an agent to pull comps for you, you can look up comps on your own on zillow, redfin, etc, you can look at sale price per square foot on redfin and other sites and compare to your property (you can get square footage on the tax site for Allegheny county), etc.

There are plenty of ways all varying in accuracy. 

Also, there are plenty of hard money lenders. Some will probably be at the main Pittsburgh REIA meeting tonight at 600. There is also a great speaker tonight as well. Here is the location: Greater Pittsburgh Masonic Center, 3579 Masonic Way, Pittsburgh, PA 15237