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.
