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Updated over 9 years ago on . Most recent reply

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Anush P.
  • Real Estate Investor
  • Coraopolis, PA
0
Votes |
2
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70% Rules

Anush P.
  • Real Estate Investor
  • Coraopolis, PA
Posted
Hello, I'm new to real estate investing and had a quick question: Does buying at 70% of retail house price always apply?

Most Popular Reply

User Stats

100
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58
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Kory Thaut
  • Investor
  • West Linn, OR
58
Votes |
100
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Kory Thaut
  • Investor
  • West Linn, OR
Replied

@Anush P. I personally don't think so, too many other factors at play.  If I can buy a house at 80% retail and the numbers still work out... well, the numbers still work our.  I think it's important to have a go to property analysis approach that works for you specifically and your goals / plan.  

I do mostly buy and hold and have had success that I am pleased with... and all w/out ever reaching the "2% rule".  

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