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Updated about 6 years ago,
Flipping a property controlled via lease option
I have a property that I can acquire via lease option for $115k wIth $10k down from a tIred out of state landlord. The ARV is about $155. The rehab is cosmetic and should only run about $5k. The question is what is the best way to maximize my profit? If it is a lease option can I resell it for the ARV and keep the difference?