Flipping A Duplex - Should I Rent It And Sell Or Sell It Vacant?

[Tony Nguyen]

Hey guys,

Under contract w/ a duplex for 33k, ARV is 70k ( 2 closed sales very similar @ end of April, leased). Light rehab needed, less than 10k. Would you lease it first to sell it w/ the income stream or sell it vacant and why?

[Cheryl C.]

A buy and hold LL would be far more attracted to a leased property (I know I would) as long as you have good tenants in place. I'd want to see their credit report, references, etc. Don't just throw someone in there. Nobody wants to take on problem tenants.