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Updated about 13 years ago on . Most recent reply

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73
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2
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Maher Bateh
  • Investor
  • Jacksonville, FL
2
Votes |
73
Posts

flipping houses

Maher Bateh
  • Investor
  • Jacksonville, FL
Posted

The formula:

ARV - rehab costs X 65-70%= purchase price is hard to attain in the current market. I think as of RIGHT NOW, its more like:

ARV - rehab X 75% = purchase price (too really have a chance at getting the property). AGREE or DISAGREE??

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