What is the property's value in its current condition?
only numbers are accepted
The value of the property in its current condition, not what you paid for it, not what you have it under contract for, but its true value: what it would sell for to a retail buyer if you sold it today.
What is the square footage of the property?
only numbers are accepted
The square footage of the property should only include those areas that are under trussed roof, livable, finished, and have either heating, air conditioning, or both available. It should not include garages, outbuildings, basements, or patios.
What is the estimated After Repair Value (ARV)?
only numbers are accepted
Based on Comparable Properties in Area – Comparable means same square footage, external structure (brick, siding, wood, stucco), same number of bedrooms and bathrooms, and same demographical area)
This is the maximum amount you should offer:
only numbers are accepted
This is only an estimate, and is based on general investor principles and experience.