Lets play. I need ARV of the house.Can we all agree?(connecticut)

[Matt Dabek]

So...

here is a house for sale:

https://www.realtor.com/realestateandhomes-detail/...

I was thinking about buying it for F&F, but I wasn't sure. What do you think it is worth if it was finished like this (ARV):

https://www.realtor.com/realestateandhomes-detail/...

how much would it cost to fix it?

what would the profit be?

Your thoughts?

[BJ Ralphs]

Your best bet is to get comps from a Real Estate Agent to figure out your actual ARV. 

 I guess a cost to repair in the area of $25,000-$40,000  Depends on who is doing it, and how far you want to take it. 

If you could get $150,000 for it ARV, and you need to put $30,000 into it. you could not pay more than $75,000 for the house. based on the 70% - minus repair costs theory.