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Updated over 3 years ago on . Most recent reply

Mike Sherbine's profile image
Mike Sherbine's profile image
Mike Sherbine
  • Rental Property Investor
  • from 15317
  • Member since Jan 29, 2021
  • Posts 2
  • Votes 0
  • Experience 4 Yrs
  • Investments 2
Connect

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2
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Mike Sherbine's profile image
Mike Sherbine's profile image
Mike Sherbine
  • Rental Property Investor
  • from 15317
  • Member since Jan 29, 2021
  • Posts 2
  • Votes 0
  • Experience 4 Yrs
  • Investments 2
Connect
Mike Sherbine
  • Rental Property Investor
  • 15317
0
Votes |
2
Posts
Buying & Selling Real Estate

Im not sure how to use the 1% 2% Test

Mike Sherbine
  • Rental Property Investor
  • 15317
Posted

When do you determine the 1%-2% test?

1) Purchase price

2) Purchase price plus rehab costs

3) Appraised value after rehab 

  • Mike Sherbine
    • 0 Votes
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