Ready to read:-)  Hey Lana, I will someday share a much more detailed version.

I will message you for more details!

To me, that tells me it's a "guess" based on "fudge factors" which are based on "nothing" because of the lack of actual facts within the "fudge factors", and lack of any true analysis within the "rule".Third, if the rule has no real basis of facts, or analysis, and is not really a rule in the first place (or the 2nd place, in my order), then I'd say the 70% Rule is about 0% realistic...give or take 70%.

I see this as a valuable learning experience on how to hone your analysis.

I'll PM you some details.  

The rest of the analysis numbers are dependent upon the ARV.When putting your Rehab estimate together be sure to include some buffer.  

I really like the PDF that the BP Calculators provide for sharing the details of property analysis.

@James Wynn I would be interested in more details of your short sale. 

Just trying to understand deal analysis to the full extent Peter

We can plan on it very low key while presenting details about dissecting deals, how to fund deals, and this will serve as a great tool for networking.