Ted Stumpf
Ted Stumpf, Windermere Napa Valley PropertiesPhone: (707) 246-9825
Email: [email protected]

Tag: House Flipping

Posted on 03/21/2021
Pros & Cons of Taking Out House-Flipping Loans
Photo by Karolina Grabowska from Pexels The golden rule of house flipping states that entrepreneurs should never pay over 70% of a property’s value after subtracting the cost of renovations and associated fees. Known as the “70 Percent Rule,” it sets a standard for improving the chances of turning a profit even if unexpected financial challenges arise. Few...
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