Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

Account Closed
5
Votes |
49
Posts

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?

Most Popular Reply

User Stats

3,504
Posts
3,251
Votes
John Teachout
  • Rental Property Investor
  • Concord, GA
3,251
Votes |
3,504
Posts
John Teachout
  • Rental Property Investor
  • Concord, GA
Replied

So sell for a profit or keep at a recurring loss? I think you already answered your question.

Loading replies...