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Updated over 6 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Milton Peggs
  • Real Estate Broker
  • Chicago, IL
1
Votes |
10
Posts

Florida Investment property

Milton Peggs
  • Real Estate Broker
  • Chicago, IL
Posted

Does the 70% rule apply to investment property in Florida?

Most Popular Reply

User Stats

35
Posts
8
Votes
Steven Morales
  • Investor
  • Tampa, FL
8
Votes |
35
Posts
Steven Morales
  • Investor
  • Tampa, FL
Replied

Even though its a rule of thumb. Its not always needed, Past 4 years I havent used the 70% rule once. We do about 30-40 deals/amonth.

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