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FLIPPING HOUSES.Naples FL.
Are you interesting in a new home? call 786-800-8646 Debbie Baca. Realtor. Naples, FL is a great place where to live in to USA. Naples FL. you have a lot of places where to enjoy your life. If are you looking for taking a good vacation this is the place also for holiday time. This is an article that I bring to you. What is the 70 rule in house flipping? What is the 70 percent rule when applied to fix and flipping houses? The 70 percent rule state that an investor should pay 70 percent of the ARV (After Repair Value) of a property minus the repairs needed. The ARV is the after repaired value and is what a home is worth after it is fully repaired How much money do you need to flip a house? How much money do you need to flip a house? To get a ballpark figure for a run-down house, cut that price by three-quarters (75% of $300,000 = $225,000). Then subtract the cost of repairs (if repairs cost $30,000 , that would be $225,000 -- $30,000 = $195,000 ). Th
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