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Updated over 7 years ago on . Most recent reply

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4
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0
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Daniel Sleeman
  • Wayland, MI
0
Votes |
4
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Fix and Flip or Wholesale?

Daniel Sleeman
  • Wayland, MI
Posted
The Property is worth 270k as is, I have it under contract for 214k. Now the repairs are super minimal, less then 5k easily. There has also been an addition of a pool and a finished barn. Now what I'm wondering is if I should fix and flip this or just wholesale. If I chose to fix and flip it I would need a hard money lender. I'm just curious about some of your opinions and every response is much appreciated!

Most Popular Reply

Account Closed
  • New York City, NY
172
Votes |
420
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Account Closed
  • New York City, NY
Replied

2 questions to ask yourself:

1) how much $ do you want to make?
2) how much risk do you want to take?

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