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Updated almost 5 years ago on . Most recent reply
Analyze deal for Flip or Buy and Hold
Just got the appraisal for my SFH renovation. I like the numbers but would like to hear others input. Would prefer to buy and hold but may be better as a flip.
Purchase Price: $200,000
Repairs: $150,000
ARV: $440,000
Located in East End of Houston. What do you think BP community?
Most Popular Reply
@Account Closed I went with a design-build firm to do a complete renovation plus addition. Received bids from 4 contractors and selected the one that was best for what I wanted to put into it. Higher end finishes, HVAC, complete repipe and rewire, etc. Built in the 40’s.