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Updated over 6 years ago,
Property value lower or rehab cost higher during renovation?
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?