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Rehabbing & House Flipping

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Shannon X.
  • Real Estate Investor
  • Center Moriches, NY
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163
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DON'T use the 65% rule?

Shannon X.
  • Real Estate Investor
  • Center Moriches, NY
Posted Feb 2 2014, 13:53

So, I attended a REI meeting couple days ago, and it was based on flipping houses. As we were going through the powerpoint and other information, the mentor (who is great at what he does) said, don't use the 65% rule. Why is this? I have my notes at my house which shows what he said to use to figure out your MO

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