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Updated almost 4 years ago on . Most recent reply

Justin Cousins-Lee's profile image
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Justin Cousins-Lee
  • Member since Nov 25, 2020
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Justin Cousins-Lee's profile image
Justin Cousins-Lee's profile image
Justin Cousins-Lee
  • Member since Nov 25, 2020
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Justin Cousins-Lee
10
Votes |
12
Posts
General Real Estate Investing

70% Flip Rule When You Are A REALTOR

Justin Cousins-Lee
Posted

Hi All,

As a licensed REALTOR in the flipping business do you all still use the 70% rule when considering buying a below market value property?? For example a property ARV is 200K and needs about 25K in repairs what would be the most you would pay for a 25K profit? Let me know what you all think.

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