Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply
![Nathan McLeod's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1268346/1621510830-avatar-nathanm185.jpg?twic=v1/output=image/crop=2829x2829@266x0/cover=128x128&v=2)
Flip Not Selling in North Idaho
Hello BP world. Honestly it is humbling to even write this post, but I need to advise.
I did a very large flip in North Idaho, and everything about the renovation process went wrong. I will spare you the details, but instead of the reno costing 60-90k, it cost 130k. It would have cost more if I hadn't done much of the work myself (out of necessity, I did not plan on doing any labor).
Any-who, due to the reno going way over budget, I had to liquidate all my cash reserves to complete the project. Now I do not have the required money to pay my lender (he is charging me an arm and a leg too), and the house has been sitting on the market for months now NOT SELLING. I have done several price drops, and it is currently listed below my break even point. The feedback I have gotten from the showings are that it is too far out of town (true), and they don't like the general layout. Both things I cannot change.
So BP family, what is my next move here? The house is listed for $436,500 which prices out most (if not all) renters. I think it is too far out of town to AirBnB it (plus I don't have the funds to furnish it). I don't want to keep it on the market and keep racking up interest and late fees. Honestly, I am in a pickle.
Any sound advice would be wonderful!
Most Popular Reply
![Russell Brazil's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/120988/1621417798-avatar-russelltee.jpg?twic=v1/output=image/crop=303x303@52x0/cover=128x128&v=2)
Whats the address so we can critique the listing.
- Russell Brazil
- [email protected]
- (301) 893-4635
- Podcast Guest on Show #192
![business profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/marketplace/business/profile_image/1439/1720451377-company-avatar.jpg?twic=v1/output=image/contain=65x65)