To Hold or Flip

[Brandon Kamm]

Brand new to BP, the site has some great information on the industry. With that I apologize if this is discussed many times all over the forums, but it is a question I come across on many properties we have acquired lately. With deals to be found these days many work out great as rent and hold or as flips. I was curious as to what many of you use as criteria in determining which route to go. If I have missed an area that discusses this in depth please just point me in that direction.

[Stefan Forsberg]

Hi Brandon,

Welcome to BP, plenty of good information and great people here.

I believe that your question is best answered by yourself, what is your long term strategy? Build long term wealth and equity or generate fast cash for other investments? Both strategies work well as long as you are buying right and have can get buyers qualified for your flips.