Updated almost 6 years ago on . Most recent reply
How do I figure out ARV when there are no comps?
How do I figure out ARV when there are no comps? I am looking to buy a 4 plex that is about 30 minutes outside Knoxville and there are no multi-unit comps that come up when a pull a title report from my title company. This is a BRRRR deal with tons of rehab needed. I am concerned that I will not be able to get my money back out. Would an appraiser use the price/sqft of single family homes in the area?