Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Question about 70% rule
I'm new to real estate investing and just starting out and looking to start my business in about 3-6 months. I did a example deal and used a property that is $91,250. the house already been fixed up so I used the formula without any repairs. I got $63,875. Now would that number be what I offer a new investor or do I offer him lower than that. And what number would be good to offer the buyer I'm buying the house from?