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Updated almost 6 years ago on . Most recent reply
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What would you do? Fix and flip to be single family or duplex?
Opinions wanted! We just closed on a single family home and the property is zoned for multi-family. The house is about 800 sq feet upstairs and 800 downstairs (basement). We could easily turn the basement into a separate apartment with a separate entrance. Our intention is to flip this home after renovation because it would not cashflow heavily if we kept it. It would probably pay the mortgage but would would want it to earn income if we kept it. Anyway, my question is this: What is generally more appealing to buyers? I feel that if we turn it into a duplex the buyer pool is a lot lower.