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Updated almost 11 years ago on . Most recent reply

Drew Denham's profile image
Drew Denham's profile image
Drew Denham
  • from Grand Rapids, Michigan
  • Member since Feb 11, 2014
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Drew Denham's profile image
Drew Denham's profile image
Drew Denham
  • from Grand Rapids, Michigan
  • Member since Feb 11, 2014
Connect
Drew Denham
  • Grand Rapids, MI
27
Votes |
174
Posts
Rehabbing & House Flipping

Flip or rent in sketchy areas?

Drew Denham
  • Grand Rapids, MI
Posted

What are your thoughts of looking at properties in C,D and E areas? I'm new to Grand Rapids MI and don't have the capital to purchase in top notch areas. Any formulas/strategies you use to determine a solid buy? I use ARV *70% - repairs = purchase price.

Thanks,

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