What would you do with this property?

[Jeremy Hostetter]

I am considering my first first into a flip. The link I posted below is a property I found on MLS for dirt cheap. But a lot of work would need to be done on it, which is where I would need the most help. The house is listed at $14,900, and I feel this house in good condition could go easily for $35k. So I throw it out and ask, what would you do with this property?

Buckner house

[Kurt Phillips]

@Jeremy Hostetter the ARV is only 35k? If that is the case, depending on if you will use a real estate agent on either end of the transaction or both I'm not sure how you will make any money. For you first flip I would find a property with a bigger spread. Just assume you will be way over budget for your first flip and if you are not then wonderful, you make a little more money. Allowing yourself a wider spread will at least soften the blow of any mistakes you might make.