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Updated about 3 years ago on . Most recent reply

Evan Cruz's profile image
Evan Cruz's profile image
Evan Cruz
  • from Miami, Florida
  • Member since Jan 23, 2017

User Stats

26
Posts
4
Votes
Evan Cruz's profile image
Evan Cruz's profile image
Evan Cruz
  • from Miami, Florida
  • Member since Jan 23, 2017
Evan Cruz
  • Miami, FL
4
Votes |
26
Posts
General Real Estate Investing

After Repair Value Question

Evan Cruz
  • Miami, FL
Posted

When estimating the maximum purchase price of a rental property using the 70% rule, do I subtract only estimated repairs from ARV*.7 when calculating the maximum purchase price or do I also subtract pre-rent holding costs and closing costs to find this maximum purchase price?

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