Full Gut job vs New Construction, Philadelphia Pa

[Dae Sandridge]

I just came across a deal that I’m contemplating and I’m torn between doing a full gut Reno or New Construction. I’ve only done two flips so new construction seems a bit aggressive. However, the subject property block has a lot of new construction. Has anyone been in this position? If so what were some of the deciding factors that influenced your final decision? Thanks in advance! Dae S.