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Updated almost 8 years ago on . Most recent reply
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If the numbers are good.... Do you ALWAYS buy???
Hey BP,
Wanted to get this discussion going and see what your thoughts were?
If the numbers are good, do you always buy??? Why or why not??
- Cassidy Burns
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- 540-960-1507
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@Cassidy Burns Not always, but it definitely helps! However, even if a potential deal looks great on paper, multiple exit strategies are important. If it's a great fix/flip property and looks great on paper, but then miscellaneous issues arise during the demo and you go way over budget and you would lose money on the flip, it would make the overall deal a much better deal if an exit strategy of renting it out and still cash flowing was an option! It's all about your end goal, and being able to pivot when necessary :)