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Updated over 8 years ago,
To flip or not, off strategy?
Hi all, would like some perspective. First off let me say I'm a buy and hold investor. Been averaging 2-4 deals per year. I've come across a potential flip which I know can be profitable but have been wondering if this is worth my time instead of staying on the buy and hold path. Actually my longer term goal is larger multi families to add to my portfolio. The property is 150k arv. 75k purchase price. I estimate 40-45k profit. Timeframe is 3-4 months. Thoughts on mixing it up a bit???