BRRR? FLIP? HOLD? HOW TO FINANCE IT

[Edward Eloma]

i need help for a fellow friend.. we are working with a house that is for a sale price for 120,000. the house is a single family home in a good area of massachusetts. we have 160,000 but want to make the right step in this process and need advice on how to go about it or if its smart to finance it. FHA 203k or Conventional or cash buy it. we were hoping to get the house for 100,000 and rehab some of the house for 50k. but we are running into worries about covering the cost of the septic and well.. and weather or not to BRRRR it or sell it off. my guess is the property could sell for between 260,000-300,000 tops.needs new kitchen gut, 1 bathroom gut, new plumbing throughout, and heating system and new windows and electrical upgrade.whats the best way to go about this