Find Great Deals Quickly With Our New Search Box Features

As you may have already noticed, we recently added new inputs to the property search form. You can now search by number of bedrooms, bathrooms, and garages as well as the percent equity in a deal. All you need to do is click the new “show advanced search options…” link. You can click the image below for a enlarged view….

Click to Enlarge

And then choose any of the new search options. For instance, you can now easily search for a 3 bed, 3 bath, 2 car garage with at least 20% equity — quick as can be!

Click to Enlarge

If you are unfamiliar with “percent equity” it is a formula representing the amount of equity in a deal defined as: ( ARV – Asking Price – Cost of Repairs ) / ARV

For example, let’s say that a house has a $60,000 asking price, needs $10,000 in repairs and will be worth $100,000 after repairs. This deal has $30,000 in equity, which is 30% equity ($30,000 / $100,000).

We hope you enjoy these new features and they help you find your next big deal!


Posted on May 23, 2012

Author: Alex Farris Soares

Alex is President of MyHouseDeals. Since 2006, he’s worked with real estate investors to bring them the marketing services and training they need to elevate their businesses and reach their goals. Alex is an avid customer advocate, enjoys affecting change in the REI and digital marketing industries, and promotes the values of entrepreneurship and innovation.

Related Posts: