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Updated about 2 years ago on . Most recent reply

70% Rule !??
Are we still sticking to the 70% rule when analyzing deals ? Or are we using a different formula ?. I’m also in the PNW, so I’m not to informed on the best method to use in this part of the market.
Most Popular Reply

Yes, if it's a distressed property I still do the 70% rule, if I like the property I flip it if not I wholesale at 80% ARV - Repairs.