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Updated about 5 years ago on . Most recent reply

User Stats

15
Posts
4
Votes
Jeremy Quilon
  • Kapolei, HI
4
Votes |
15
Posts

70% rule in flipping

Jeremy Quilon
  • Kapolei, HI
Posted

Does the 70% rule always work out? What other rules are there in flipping?

Most Popular Reply

User Stats

603
Posts
160
Votes
Fred Shatzoff
  • Lender
160
Votes |
603
Posts
Fred Shatzoff
  • Lender
Replied

If you doing a flip you need to know your numbers. As is value, repairs and ARV. Youu need a good team, realtor, lender and contractor. If the numbers don't work don't buy the house. Remember don't fall in love with the house. Numbers Numbers.

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