How to Calculate an Accurate After-Repair Value (ARV)
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Unlock your real estate potential with the formula you never knew you needed—ARV! 🔐 In addition to determining potential profits, the ARV can also be used to estimate the maximum purchase price for a property. 💰 For example, if an investor wants to make a profit of $50,000 on a property flip and the estimated cost of repairs is $25,000, the investor would want to buy the property for no more than $175,000 (ARV of $250,000 minus repair costs of $25,000 and desired profit of $50,000)! 💡 Ready t
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