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Updated almost 8 years ago,

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19
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0
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Randy Estrella
  • Flipper
  • Arlington, VA
0
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19
Posts

Cash Flow vs Cash Now

Randy Estrella
  • Flipper
  • Arlington, VA
Posted
Hello BP, I'm in the need of some advice. I'm currently on the process to deploy and I have been doing some updates on the house I'm in now. I was planning to sell it but after talking to a friend, he is actually renting his house so the idea of renting came in mind. Here are the numbers: ARV: 225,000 Owe: 155,000 Mortgage-ins-taxes-hoa: 1100 Rehab: 7000 Utilities: 200 Commission: 15,750 Profit if sold: 45,950 Rents go between: 1500-1600 I'm in the fence between selling or renting but wanted to get BP's advice before making a decision. Thank you BP!!

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