Flip or Rent ADVICE NEEDED

[Matthew Diaz]

Okay guys and ladies. I'm investing into my first property in San Antonio TX. I need advice!! Okay here is the scenario: I invested about 33k into my girlfriends parents house. Out of my 401k which I pay 5% interest on. They want 60k because they've let the house go They are still paying 90k in taxes tho. House built in 1960 I'm doing a brand new roof, adding a second bathroom,all new plumbing, electrical, and installed New AC. Should I flip or rent? Should I get the property out of the parents name? Any advice welcome... thank you

[Christine Kankowski]

Im sorry but I just can't follow the question.

What is the house worth? What do they owe? Do they want $60 from you? do they still owe $90K in taxes?  

i would not put money into repair anything until you know the end game and you own it.