Is the 65% of ARV rule Definite?
Hello my real estate family,
Is the "65% of ARV" rule engraved in stone? Should I not waste my time on a seller or "motivated seller" that is just not budging on the extra 10-20k I need to make the property meet the 65% of ARV? Should I not have them sign?
I would just like to know how serious these numbers are to most cash investors.
Any inputs or opinions welcome!