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Updated over 9 years ago,

User Stats

619
Posts
75
Votes
Terry Royce
  • Real Estate Investor
  • Baltimore, MD
75
Votes |
619
Posts

Wholesale for profit or rehab for bigger profit?

Terry Royce
  • Real Estate Investor
  • Baltimore, MD
Posted

So my partner and I have 2 deals on the table that we were looking to rehab, however we received an offer from another investor that would allow us to make a $44k profit now

or we could rehab and look to make $90k or more by rehabbing. Trying to get others opinions on what they would do in this situation, or variables they would analyze.

Deal Details:

House 1) Purchase: $50k, rehab $50k ARV; $165-170k

House 2) Purchase: $134k rehab $30-35k ARV; $280+

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