Will a Fix & Flip iBuyer pay close to fair market value?

Will a Fix & Flip iBuyer pay close to fair market value?

No.  Typically an iBuyer whose intention is to purchase the property, does a complete rehab and resell (Fix & Flip) will use a valuation model of 70 to 80% of After Repair Value (ARV) to base their offer price.  Keep in mind that generally this type of iBuyer is looking for major renovation projects. Mere cosmetic improvements (paint & carpet) will not be attractive purchases for this style iBuyer.



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