Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

2
Posts
0
Votes
Dennis B.
0
Votes |
2
Posts

Can't sell first flip may try BRRR method what to do...

Dennis B.
Posted

I'm in to my first year of flipping and just finished my first rehab in a property in PA can't get any bids close to what I'm asking - two price reductions later and just hear crickets. Thinking of just renting it out and cash out refi, however since it's my first refi, rate is high and getting 70% LTV. Interest only for first year until I have a tenant and credit score goes up then convert to 30 yr fixed at lower rate. Advise? Should I keep on market and hope for the best or move forward with the refi? FYI - I own clean and clear.

Loading replies...