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Updated almost 7 years ago on . Most recent reply

Eric Hempler's profile image
Eric Hempler's profile image
Eric Hempler
  • Accountant
  • from Apple Valley, MN
  • Member since Oct 3, 2009
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Eric Hempler's profile image
Eric Hempler's profile image
Eric Hempler
  • Accountant
  • from Apple Valley, MN
  • Member since Oct 3, 2009
Connect
Eric Hempler
  • Accountant
  • Apple Valley, MN
10
Votes |
38
Posts
Starting Out

How Realistic is the 70% Rule?

Eric Hempler
  • Accountant
  • Apple Valley, MN
Posted

I've decided to revisit flipping homes and I'm curious how realistic do you think the 70% Rule is?

My wife questions whether it's easy to find properties at that type of discount. 

I do agree it sounds like a lot, but I think I would get a sense of what you generally find. Are all markets the same with that rule?

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