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Updated over 6 years ago on . Most recent reply

Anthony Testino's profile image
Anthony Testino's profile image
Anthony Testino
  • Developer
  • from Philadelphia, PA
  • Member since Jun 4, 2018
  • Posts 35
  • Votes 21
  • Experience 23 Yrs
  • Investments 1
Connect

User Stats

35
Posts
21
Votes
Anthony Testino's profile image
Anthony Testino's profile image
Anthony Testino
  • Developer
  • from Philadelphia, PA
  • Member since Jun 4, 2018
  • Posts 35
  • Votes 21
  • Experience 23 Yrs
  • Investments 1
Connect
Anthony Testino
  • Developer
  • Philadelphia, PA
21
Votes |
35
Posts
Rehabbing & House Flipping

Property value lower or rehab cost higher during renovation?

Anthony Testino
  • Developer
  • Philadelphia, PA
Posted

Spoke with many people on here over the last few months. I have yet to hear any input on thoughts for what works out better, what makes more profit, what makes loans easier to obtain when it comes to flipping a house in Philadelphia. If it worth buy a property that is 100K with a rehab value of 85K or a house that is 85K and the rehab is 100K, both have an ARV of 380K in the end. Which do you choose and why?

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