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Updated almost 6 years ago on . Most recent reply

Milton Peggs's profile image
Milton Peggs's profile image
Milton Peggs
  • Real Estate Broker
  • from Chicago, IL
  • Member since Nov 16, 2015
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Milton Peggs's profile image
Milton Peggs's profile image
Milton Peggs
  • Real Estate Broker
  • from Chicago, IL
  • Member since Nov 16, 2015
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Milton Peggs
  • Real Estate Broker
  • Chicago, IL
1
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10
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Florida Real Estate Q&A Discussion Forum

Florida Investment property

Milton Peggs
  • Real Estate Broker
  • Chicago, IL
Posted

Does the 70% rule apply to investment property in Florida?

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Steven Morales's profile image
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Steven Morales
  • Investor
  • from Tampa, FL
  • Member since Aug 29, 2015
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Steven Morales's profile image
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Steven Morales
  • Investor
  • from Tampa, FL
  • Member since Aug 29, 2015
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Steven Morales
  • Investor
  • Tampa, FL
8
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Steven Morales
  • Investor
  • Tampa, FL
Replied

Even though its a rule of thumb. Its not always needed, Past 4 years I havent used the 70% rule once. We do about 30-40 deals/amonth.

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