Whether you fix it up or sell it as is depends on what your market dictates.

That depends - if its a short term hard money loan possibly, but expect to pay more for it.I would first ask your current lender if you can extend the loan.

Heloc interest deductibility depends on how the funds were used.

This will likely differ depending on the market.

Ultimately, the decision depends on your goals, the local market, and the potential for growth.Good luck!

I’m back now and looking for some guidance on an idea that caught my attention.An old high school friend of mine has been buying older houses, either renovating or tearing them down and rebuilding, depending on their condition.

With all of that in mind, I think it would really be dependent on where you see that specific market going.

@Jesse Streng  It’s definitely important to have a dependable person here in the city.

Just depends how you go about the process and what loans you use.

It would depend on my entire experience with them.