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Updated about 15 years ago,

User Stats

717
Posts
50
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Greg P.
  • Los Angeles, CA
50
Votes |
717
Posts

Is Rehabbing worth it in this market?

Greg P.
  • Los Angeles, CA
Posted

Hi. I've heard so many things in this market from the 90 day seasoning to how the market is in general. Is rehabbing really worth it for a new investor in this market? Hard money is tightening up and most HML's will borrow for 6 months. When I see this, it seems like this would be just a big risk. Why not wholesale properties (Avg Profit $5-10k) with no risk rather than rehabbing with all the risk (Avg Profit $15-30k). Am I missing something here? I was looking to start rehabbing, but just wanted to make sure it was worth it. Experienced advice would be grateful. Thank you.

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