Fire Sale Valuation - Property

[Citroënbender]

I’m looking at a period under 24 months of heavy debt, as a calculated risk before scaling back to less debt.

So, yes, in popular parlance that probably means a flipper but preferably one with negligible downtime. I don’t have the time to renovate or the interest in funding it to a suitable standard or the patience/vanity/delusion to leave a place empty.

I see those signs on power poles, either in English or Chinese “we buy houses” and have wondered what sort of money the chancers actually offer as a percentage of a formal, accredited valuation.