70% Rule !??

[Arthur V Bernestine III]

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. 

[David Ramirez]

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.

[Eliott Elias]

It is all preference, in a bull market the 70% rule is unlikely. With this climate 70% is the standard. 

[Arthur V Bernestine III]

Quote from @Eliott Elias:

It is all preference, in a bull market the 70% rule is unlikely. With this climate 70% is the standard. 

 Interesting. That helps me out a ton believe it or not. 

[Arthur V Bernestine III]

Quote from @David Ramirez:

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.

Thanks man, you’ve helped me gain some clarity in the way I think about MAO.