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Updated over 8 years ago,

Scott Smull's profile image
Scott Smull's profile image
Scott Smull
  • Investor
  • from Voorhees, New Jersey
  • Member since Dec 27, 2012
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User Stats

13
Posts
3
Votes
Scott Smull's profile image
Scott Smull's profile image
Scott Smull
  • Investor
  • from Voorhees, New Jersey
  • Member since Dec 27, 2012
Connect
Scott Smull
  • Investor
  • Voorhees, NJ
3
Votes |
13
Posts
Real Estate Deal Analysis & Advice

65% Rule

Scott Smull
  • Investor
  • Voorhees, NJ
Posted

Does this make sense? Do you deduct repairs and closing costs after the 65%.

100000

- 65%

65000.00

-3500. closing costs

-5000. repairs

= 56,500 * should be your offer

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