I can't find a deal 1% rule, 0.7% max buying conventional

[Eliel Martinez]

I want to start with my first deal out of state, but I've been looking a lot of houses and neighborhoods but the ones I qualified with a conventional loan has to be livable, so I can't buy something that I can gain equity by fixing it up, so I can't meet at least the 1 % rule, max is 0.7% should I buy or what to do??

Any advise?? I'll appreciate it

Tks

[Jason D.]

@Eliel Martinez do the properties cashflow? If they do, who cares if they dont meet some arbitrary "rule".... the 1% rule is just an evaluation tool, it's not going to tell you if a property will cashflow