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Updated over 4 years ago on . Most recent reply

User Stats

58
Posts
18
Votes
Russ Wahl
  • Contractor
  • Saskatoon Saskatchewan
18
Votes |
58
Posts

C class single family home dilemma!

Russ Wahl
  • Contractor
  • Saskatoon Saskatchewan
Posted

If you bought a $130K house in a C class neighborhood that needs 50K invested to flip for a 30K profit or $70K invested to cash flow $600 month what would you do? Keep in mind it's our first flip on our own and could possibly use the profits to BRRR a duplex. We wanted to jump in with both feet but we didn't think we wound drown in deals!

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