Buying with Cash and Ignoring ARV
When the RENT YOU COLLECT is more than the mortgage by 30% - 50%, it makes great sense.
When you analyze the numbers, many times the ARV (actual resale value or actual rehab value) can be overlooked these days. Here's why....
http://www.biggerpockets.com/renewsblog/2012/03/14/buying-with-cash-and-ignoring-arv/?utm_source=BiggerPockets+Newsletter&utm_campaign=8826cabf9d-March_18_2012_Newsletter&utm_medium=email
This is a well explained article by on MARCH 14, 2012 that was on the BiggerPockets Blog.
ARV (After repair value) is most important to buy, sell, investing and lending money. It will ensure about your property exact price after repair.
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