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Updated over 5 years ago,

User Stats

15
Posts
3
Votes
Nando Gapasin
  • New to Real Estate
  • Boise, ID
3
Votes |
15
Posts

2% rule - How close is close enough?

Nando Gapasin
  • New to Real Estate
  • Boise, ID
Posted

Hi, I have a potential deal that meets all of the criteria I've learnt of BP for a potential deal:

-$162 per door

-14% cash-over-cash

+$250 for 50% rule

Unfortunately, it's at .96% for the the 2% rule.  Has anyone else done deals this low on the 2% rule. I've heard other say 1-1.5%

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