Updated over 7 years ago on . Most recent reply
How do are pre-foreclosure deals analyzed?
Pre-foreclosures are a big percentage of the real estate market so they are almost inevitable when wholesaling. Because there are many variables that determine if pre-foreclosures are good deals, I'm confused about how the standard formula applies to them (ARV *.70 - repairs - assignment fee). Is there a formula for pre-foreclosures in for ARV, equity, repairs, etc.? Please share your knowledge.