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All Forum Posts by: Scott T Brady

Scott T Brady has started 2 posts and replied 11 times.

Post: [Calc Review] Help me analyze this deal

Scott T BradyPosted
  • St George, UT
  • Posts 12
  • Votes 3

Is your plan to sell, or Buy & Hold (BRRRR)? I'm fairly new myself, but have years in the title/escrow industry watching flippers, and if you're planning to sell I'd assume that profit margin isn't worth your risk, particularly with the range of your quoted rehab costs. Do you feel pretty confident about the ARV?

If you're planning to buy and hold it, just make sure you've already got a working plan with a lender that knows what you're doing and says they'll be able to refinance you once your rehab is done and it's rented.  If you're confident in your projected rent and okay leaving $13K in the deal for a $350/month cash flow then it's worth considering.