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Updated over 2 years ago on . Most recent reply

User Stats

26
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4
Votes
Evan Cruz
  • Miami, FL
4
Votes |
26
Posts

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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