New Lesson: What Does ARV Stand for in Real Estate?
If you are new to flipping houses, you may be wondering what ARV stands for?
ARV stands for After Repair Value.
The After Repair Value is the amount of money you predict the property will be worth and the value you can resell the property for after you make repairs to the property.
Forecasting an accurate After Repair Value is critical when analyzing how much you should offer for a property.
Learn How to Calculate the After Repair Value
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