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Updated about 6 years ago,

Alan Hicks's profile image
Alan Hicks's profile image
Alan Hicks
  • Investor
  • from Lawrenceville, Georgia
  • Member since Sep 29, 2017
Connect

User Stats

59
Posts
5
Votes
Alan Hicks's profile image
Alan Hicks's profile image
Alan Hicks
  • Investor
  • from Lawrenceville, Georgia
  • Member since Sep 29, 2017
Connect
Alan Hicks
  • Investor
  • Lawrenceville, GA
5
Votes |
59
Posts
Starting Out

Found a possible deal

Alan Hicks
  • Investor
  • Lawrenceville, GA
Posted

I found a 3/1, 1700 sq ft for $55k that need a total renovation.

I would assume a $25-$30k renovation.

It would appraise for $130k.

Option 1:

Buy, fix, flip

Option 2:

Buy, Fix, pull cash, keep as rental

thoughts?

Rent is around $800/month. Taxes are $1000/year

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