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Rehabbing & House Flipping
HomeForumsRehabbing & House FlippingDo I have to use the 70% rule here?
Chase Murphy's profile image
Chase Murphy's profile image
Chase Murphy
  • from Seattle, WA
  • Member since Jun 24, 2020
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Chase Murphy's profile image
Chase Murphy's profile image
Chase Murphy
  • from Seattle, WA
  • Member since Jun 24, 2020
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Chase Murphy
  • Seattle, WA
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Rehabbing & House Flipping

Do I have to use the 70% rule here?

Chase Murphy
  • Seattle, WA
Posted Sep 24 2020, 17:01

I'm trying to work out an offer on a house that I estimate has an ARV of 730k. Does the 70% rule still apply for a house with an ARV this high? Or can I run the formula with a higher percentage of the ARV than the general 70% rule?

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