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Updated over 5 years ago on . Most recent reply

User Stats

21
Posts
7
Votes
Garrett T Colburn
  • Rental Property Investor
  • Owensboro, KY
7
Votes |
21
Posts

ARV & House flipping

Garrett T Colburn
  • Rental Property Investor
  • Owensboro, KY
Posted

So just a quick question and here’s a little preface of our situation as well. We own a couple rentals and are looking to add in some flips going forward. We have a deal under contract, And I may just be dumb or something but does the price we pay for this property count towards what comps the appraiser will use when we go to sell the home in a couple months? It’s “distressed” and I say it like that because it really just needs paint, carpet, and minor landscaping. Any pointers would be great, thanks in advance.

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