Updated almost 9 years ago on . Most recent reply
Offer analysis
Hey I'm currently negotiating a deal for a property in Port Jervis, NY 12771. The sold properties around the area seem to leave an ARV around 270k-280k. Medium repairs need around 35k (bathroom update and redo, floor, cosmetic, shrubbery on many acres, etc). What would be a great price to get it at as a flipper since this would be my first flip. Also margins as a wholesaler would be great as that leaves me with multiple exits.
i was thinking somewhere around 150-170K