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Updated about 9 years ago,

Lisa Misuraca's profile image
Lisa Misuraca's profile image
Lisa Misuraca
  • from Tucson, Az
  • Member since May 7, 2014
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User Stats

134
Posts
43
Votes
Lisa Misuraca's profile image
Lisa Misuraca's profile image
Lisa Misuraca
  • from Tucson, Az
  • Member since May 7, 2014
Connect
Lisa Misuraca
  • Tucson, Az
43
Votes |
134
Posts
Multi-Family and Apartment Investing

Should I keep it or flip it?

Lisa Misuraca
  • Tucson, Az
Posted

We just purchased a 3/2 single family home with an attached 1/1 guest house.Great area of single family homes. Ready to rent with 850.00 and 450.00 projected rents. We will pay water only.Home value  would be around 100.00 sq foot after rehab we paid 110,000. Rehab would be around 20.000. No mortgage,but would like my cash back to cushion other flips.When will the banks finance me?.... Who knows?What would you do?

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