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Updated over 12 years ago on . Most recent reply

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163
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4
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Shannon X.
  • Real Estate Investor
  • Center Moriches, NY
4
Votes |
163
Posts

DON'T use the 65% rule?

Shannon X.
  • Real Estate Investor
  • Center Moriches, NY
Posted

So, I attended a REI meeting couple days ago, and it was based on flipping houses. As we were going through the powerpoint and other information, the mentor (who is great at what he does) said, don't use the 65% rule. Why is this? I have my notes at my house which shows what he said to use to figure out your MO

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