I recently sent out my first mailer to Mohave County, AZ. I sent about 1350 offers, but I am wondering if I may have priced them too low. I priced them at $164/acre for 5 acre lots. Which was about 19% or market value instead of 35% (on the equity planner spreadsheet). What kind of response should I be expecting from such low offers?
What typically qualifies for meeting a deal funding criteria from members? What are the particular things members look for before funding? I am wanting to get my first few deals funded, so that I can build up more capital.
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