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Updated over 4 years ago,

User Stats

4
Posts
1
Votes
Andrew Deming
1
Votes |
4
Posts

Great Deal- Best Course of Action?

Andrew Deming
Posted

I have found my first house to invest in and looking at different options to get the most from the investment. 

Purcahse- $75,000. Used a hard money lender for purchase amount and will be a 50/50 split on profit

ARV- $115,000

House is being purchased from a wholesaler and is 90% flipped already. New roof, windows, furnace, water heater, carpet, shower/tub, electrical (all of the big ticket items)

The easy route is to finish the flip and sell for a profit. However, is there a better investment option? BRRRR? How would that look?

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