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Updated about 5 years ago on . Most recent reply

Justin Rivers's profile image
Justin Rivers's profile image
Justin Rivers
  • Real Estate Broker
  • from Auburn, AL
  • Member since Sep 30, 2019
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Justin Rivers's profile image
Justin Rivers's profile image
Justin Rivers
  • Real Estate Broker
  • from Auburn, AL
  • Member since Sep 30, 2019
Connect
Justin Rivers
  • Real Estate Broker
  • Auburn, AL
5
Votes |
15
Posts
Buying & Selling Real Estate

Should I Flip it or Keep it???

Justin Rivers
  • Real Estate Broker
  • Auburn, AL
Posted

I'm trying to decide whether I should keep this property for my rental portfolio because of the fantastic location in a desirable area OR flip it because I'm buying at such a great price... I may be able to NET around $100k if I sell it. Any advice here would be helpful. I do have other rentals and I love this location, but I don't know if I should take advantage of the profit I could make just flipping it. Thanks 

  • Justin Rivers
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    Ola Dantis's profile image
    Ola Dantis's profile image
    Ola Dantis
    • Multifamily Syndicator
    • from Houston, TX
    • Member since Mar 16, 2016
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    Ola Dantis's profile image
    Ola Dantis's profile image
    Ola Dantis
    • Multifamily Syndicator
    • from Houston, TX
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    Ola Dantis
    • Multifamily Syndicator
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    Ola Dantis
    • Multifamily Syndicator
    • Houston, TX
    Replied

    @Justin Rivers 

    REFI this bad boy! That way, you get the best of both worlds:

    KEEP THE PROPERTY 

    USE THE CAPITAL FOR ANOTHER DEAL

    2 Votes
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