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Updated almost 9 years ago,

User Stats

7
Posts
2
Votes
John Brown
  • Rio Linda, CA
2
Votes |
7
Posts

Bank REO 40% rule ?

John Brown
  • Rio Linda, CA
Posted

I wanted to know is it true,  when making your offer you start of with 40% of the asking price? 

I mean is this a good rule of thumb for reo flips? 

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