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Updated over 6 years ago,

User Stats

8
Posts
0
Votes
Jordan Rahman
  • Rental Property Investor
  • Tulsa, OK
0
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8
Posts

Can you flip "pretty" houses?

Jordan Rahman
  • Rental Property Investor
  • Tulsa, OK
Posted
Breaking this down simply, I got a duplex property at a pretty decent discount (~76% ARV). This property is in a great neighborhood, needs minor repairs and updating ($10k), the seller just wanted to sell and be done with it. It rents for about 1100-1200 each side, but what about looking at this as a flip deal? So, if i'm getting this around 220k and this is worth 285-295k, is this a sound deal to wholetail (fix up few things and sell)? Or... is this speculative?

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