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Updated almost 6 years ago,
Houston MAO formula
Hey everyone,
quick question and i'm not sure if it varies upon area but what is the percentage you use in your MAO formula. Is the percentage 70% across the board for investors? I've been told some investors will pay more (and go up to 80%) if they are planning to hold the property and use it for a rental. Any answers would be greatly appreciated! Hoping to make a deal soon!
Thank you!