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Updated about 5 years ago,
What would you do BRRRR OR SALE?
My business partner and I purchased a SFH, in Lubbock TX for $100k, the Rehab is $40k, the ARV is $210k - $230k. The Issue I am having is my partner is an older gentleman and kind of set in his ways, he is accustomed to fix and flipping even if he holds on to the property for a year. I suggested we do the BRRRR method but he is very apprehensive. What should I do in this situation?