Since my coaches are gone for the weekend I was able to I think find some comps I'll add them here for help purposes. Or should I do around 65-75% lower?
Median Estimated Home ValueAbout...
Estimates are based on Fidelity National's automated valuation model, which augments tax records based data with information about market conditions and sales activity. This valuation model is used by many real estate professionals, but should not be confused with an official appraisal.
So I guess I can make some figures based on that. I figure they are asking $209,000 so should I start with that or the $209 or $214?
I figure. $209,000
-Rehab $ 60,000
-Profit $ 12,000
-3% realtor commssion
So now do I take that offer and mark it up to my investor? Some clarification would be great.
Im gonna make him an offer he cant refuse