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Updated about 6 years ago,
Should I sell or rent (BRRRR)?
Hi BP,
Recently I got a house (2 bed 1 bath 749sf)
Im not sure if I should sell this property or hold it...any advice would be highly appreciated.
Another senario: should I sell as is or rehab? As is would get me around 70k, if I rehab it would get me 125k not counting the closing and fees here.
Details:
Purchase: 42k
Estimated rehab: 25k
ARV: 125K
Rent: 1000-1100
What would you do if you were in my situation.
(I have a partner with me in this property 60% for me and 40% for him) I also kinda need the money (not despirate) to keep investing and for living since I do flipping as full time job.
Thanks in advance