70% Rules

[Anush P.]

Hello, I'm new to real estate investing and had a quick question: Does buying at 70% of retail house price always apply?

[Kory Thaut]

@Anush P. I personally don't think so, too many other factors at play.  If I can buy a house at 80% retail and the numbers still work out... well, the numbers still work our.  I think it's important to have a go to property analysis approach that works for you specifically and your goals / plan.  

I do mostly buy and hold and have had success that I am pleased with... and all w/out ever reaching the "2% rule".