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Updated over 8 years ago,
Buy rental property or wholesale it ?
Hi BP, I was wondering if I should buy this rental property or wholesale it ? Its in Jacksonville, Florida in a low income area but a renters area, they are asking $60,000 and it needs about $ 30,000 in repairs, a multi-family property quadplex (four-plex) it will cash flow around $1,650 monthly.They have property management in place for their other properties, I can use the same management if I desire. I'm leaning more towards wholesaling it, what do BP WORLD think?