Posted by Jim IL on June 05, 1999 at 01:16:20:
You can use the book to your advantage. You can use that book as a reference for your lenders, and sellers, and your profit margin is higher, because they may just actaully believe the darned book.
As many flippers and rehabbers have said, always use high numbers for repairs, knowing full well that you can do it cheaper.
Hope this helps,