Are Foreclosures treated differently when figuring ARV?
BP community,
I am new to real estate investment and just recently attempted to analyze my first deal using the bigger pockets Houseflipping Calculator. The property I was attempting to analyze was a foreclosure that was listed on the MLS. I kind of got hung up on figuring the ARV, even after reading up and watching the video, but that is entirely different story.
My question is, are foreclosures treated differently as far as calculations are involved than regular properties?
Any advice on the subject will be greatly appreciated.
Thanks,
Robert Butler