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Updated almost 11 years ago,

Matthew Dovner's profile image
Matthew Dovner's profile image
Matthew Dovner
  • from Braintree, Massachusetts
  • Member since Mar 6, 2014
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53
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3
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Matthew Dovner's profile image
Matthew Dovner's profile image
Matthew Dovner
  • from Braintree, Massachusetts
  • Member since Mar 6, 2014
Connect
Matthew Dovner
  • Braintree, MA
3
Votes |
53
Posts
Buying & Selling Real Estate

50% rule question

Matthew Dovner
  • Braintree, MA
Posted

say if a multi needs to be rehabbed in order for it to be livable. Say it needs 60-80k in work. Say the asking price is 375,000.00. Do you apply the 50% rule to the 375k? Or the purchase price plus the rehab?

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