Asking price and ARV. Beginner question 🙄

[Dyllon M.]

I’m nowhere near ready to start, but I am beginning my journey of learning. I’ve had conversations with several of my friends and am curious/confused about asking prices and ARV’s. Is there specific math or numbers to crunch to determine the ARV? A deal that was sent to me was as follows. Asking price was 93,000. The ARV was 137,500. Expected repairs were about 17,000. Just curious if anyone can tell me how that process works. It also might be a bad question or confusing question. Any help is awesome! Thanks!