SFR Flip or Buy and Hold?

[Larkin L Adey]

Greetings BP,

Twin Cities suburb

Currently have a 3/2 with 2 car attached garage wrapped up on a PA at 199k,

ARV 257-264k

Rehab 15-18k

We are adding a 4th bedroom.

PITI 1386/mo

Rents will be 2100/mo

Or try to sell at 260k

Market is overheated and it's late summer. In the northland, after the snow falls things slow down big time. Will be ready to market by early Sept.