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34
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5
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Troy Kingsbury
  • Investor
  • Richmond, VA
5
Votes |
34
Posts

Formula for buying a rental

Troy Kingsbury
  • Investor
  • Richmond, VA
Posted

I have been buying homes to rehab, and using this formula to determine an offer price....ARV less 30% less rehab costs. Anyone have a formula for buying something to hold and rent?

Thanks in advance

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