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Updated almost 7 years ago,
Should I upgrade to forced air with AC?
Hello!
I am just getting started on the demo phase of my first deal. I don't know weather to flip it or BRRRR it bit I'm leaning towards BRRRR. Here's a little background... Purchase price 125k via hard money loan. 2 points and 11% interest. No down payment. ARV 220-230 in this hot market. Its a 5/2 split level built in 91. 2200ish sq/ft. Its gonna need all the cosmetics.. Flooring/trim, paint, roof, yard is a disaster, sprinkler system, lighting, doors.. I plan on doing a lot of it myself. There is no major structural changes needed. One major issue I'm facing is whether I should upgrade from the current electric wall heaters to forced air w/ AC. I will be getting the bid back soon but Im guessing its somewhere around 10k with all the ducting that needs done. Can anyone tell me if this would be worth it for a rental or a flip?