Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 11 years ago,
To Cash or to Hold, that is the question?
Hi There
Would like to get some of your ideas on what would you do?. I have a SF that I bought to flip 5 months ago, I am in it for almost 100k, purchase and rehab of my own money. I initially planned on getting out 40K of profit; looking at the current comparable now I am pretty sure I can get 80K to 85K out; no problem there, but I am starting to question if it is a good idea to flip the property at this point, or is it better to hold it and find financing to get my money and my originally planned profit out to reinvest while holding the property and still be able to make a small cash flow. The more I think about it seems like the way the market is going (less inventory, higher prices) it probably is better to start holding property, that was my end goal anyways, what do you guys think?