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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateDo you always use the 70% rule when buying a flip?
Melissa Harris's profile image
Melissa Harris's profile image
Melissa Harris
  • Real Estate Agent
  • from Windsor, CO
  • Member since Dec 27, 2016
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Melissa Harris's profile image
Melissa Harris's profile image
Melissa Harris
  • Real Estate Agent
  • from Windsor, CO
  • Member since Dec 27, 2016
Connect
Melissa Harris
  • Real Estate Agent
  • Windsor, CO
27
Votes |
133
Posts
Buying & Selling Real Estate

Do you always use the 70% rule when buying a flip?

Melissa Harris
  • Real Estate Agent
  • Windsor, CO
Posted Oct 18 2017, 10:35

I would like to get some insight from experienced investors on if you use the 70% rule for ALL your flips? Could someone explain a little bit more in depth what the 70% rule really means and why they suggest you buy a house with this rule minus your repairs?

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