I have purchased over 130 flips and 18 rental properties in my real estate career. In the last year, I have bought close to 30 flips and 2 more rentals. I get a good deal on every single property I buy. In fact, I get a great deal. In order to flip houses, I stick pretty close to the 70% Rule, which states that you must buy a house for 70% of the after-repaired value, minus the repairs. If a house was worth $200,000 after I spend $20,000 to fix it up, that means I can only pay $120,000 for
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