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Updated over 6 years ago on . Most recent reply

User Stats

41
Posts
12
Votes
Ankan Basak
  • Investor
  • Astoria Queens, NY
12
Votes |
41
Posts

Suggestion to buy and hold or flip

Ankan Basak
  • Investor
  • Astoria Queens, NY
Posted

So finally I closing on a house in West Philly, 59th street, between Cedar and Baltimore Pk. Can't wait!

Still in two minds about whether to hold/rent or do a flip. I can practically bring in tenants after some quick and basic fixing such as the roof, painting, carpeting and new windows. Or should I go all out and do a flip? I know this is an upcoming area, but how much upside there is if I hold for a few years and then sell?

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