Wholesaling rentals .70 ARV

3 Replies

I pay more based on FMV, but I'm not interested in or qualified to do a ton of reno work. FMV and ARV need to be very similar. I'm ok with trash out, carpet, paint but that's about it.

I pay about 80-85% of FMV for cash or if I have to get a loan, and up to 92% with favorable seller financing.

But the rent to value must pencil.  Here it's close to a 1%er.  Know market rents to appeal to b&H ers.

Originally posted by @Steve Vaughan :

I pay more based on FMV, but I'm not interested in or qualified to do a ton of reno work. FMV and ARV need to be very similar. I'm ok with trash out, carpet, paint but that's about it.

I pay about 80-85% of FMV for cash or if I have to get a loan, and up to 92% with favorable seller financing.

But the rent to value must pencil.  Here it's close to a 1%er.  Know market rents to appeal to b&H ers.

 Thanks for your input sir that helps