Wholesaling in the Atlanta area
My team is looking to start wholesaling in the Atlanta. Does the 70% rule still apply? We've been focused in Phoenix for the past year but a lot of the deals we've seen are 80% or more before taking away renovations and my fees.
@Adam DuCharme, sellers are aware they can receive full value for their home if they list on-market. Remember that the 70% ARV rule is more so a guideline. Not impossible and depends on your targeted location, but with current market conditions, it's pretty damn hard to find an off-market deal that'll meet your criteria. Probably not what you wanted to hear, but hope this helps!