What are you thoughts?

[Juan Rosa]

What are you opinión of this deal: bought home for 410k, fha with 6% seller concession.

The home is a live and flip deal.

4bed, 1 bathroom. 1500Sq ft cape, roof is mid life, no foundation issues, no oil tank issue, no furnace issues

Renov 48k ( on a personal loan) ( New kitchen, second bathroom, landscaping, fencing, repair existing bathroom, New flooring, paint the inside, replace two window, repair deck, putca couplecof gutters,, update electrical panel, New major appliances)

With the current market in my area ARV 560K (iam in upstate ny)

Should I keep for 2yrs or refinance and rent this out? And is this a good deal? Iam I ahead in the right direction