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Updated over 5 years ago,

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Account Closed
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Account Closed
5
Votes |
49
Posts
Buying & Selling Real Estate

Would you sell or hold?

Account Closed
Posted

Bought property last December under market. Paid 282 no closing costs. 3% down. Worth 340 right now. If I paint and fix up kitchen, all bathrooms, and a few other dated stuff I think I could get 380-400. 

Would you flip or what would you do? I either will sell or refinance to a low rate.  But as of right now I can’t make any money renting the place out. I’ll be -135 cash flow. 

What would you do?

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