What is the 70% rule in house flipping?

What is the 70% rule in house flipping?

The 70% rule helps home flippers determine the maximum price they should pay for an investment property. Basically, they should spend no more than 70% of the home's after-repair value minus the costs of renovating the property.Aug 7, 2021

What is the 51/49 rule in house flipping?

51/49 means that in every relationship (business or personal), he wants to give at least 51% of the value.May 4, 2018

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