Never Lose Money on a Rehab Property Again…
youtu.be
The speaker shares a formula for buying an investment property to ensure profitability. The formula involves taking the property value after it's fixed up and multiplying it by 75%, then subtracting the cost of repairs. This will give you the maximum amount you should pay for the distressed property. As an example, if the fixed-up value of the property is $250,000 and the repairs will cost $40,000, the most you should pay is $147,000.
The speaker shares a formula for buying an investment property to ensure profitability. The formula