Flip or buy and hold???

[Skylar Mcgee]

Hey everyone I recently found an off market As-is deal, the seller is super motivated to sell. The purchase price is $100,000, it needs about $25,000 in rehab cost. ARV is $180,000-$200,000. The quick cash would be nice but it would also cash flow $400-500 a month if I kept it as a rental.

I only have one year of self employment, so traditional financing has been no good. I found some great hard money lenders for fix and flips also for long term buy and holds, I’m just stuck on which path I should take. If you were in my shoes what would you do?

Also does anyone have experience using a long term hard money lender?