Makes a difference. 

Will use round numbers to simplify the conclusion we came to, but it ended up making more sense for them to sell as-is versus go through the remodel process...AS-IS VALUE: $550,000REHAB ESTIMATE: $250,000AFTER-REPAIR-VALUE: $850,000-$900,000There was the possibility of making a *little* bit more if they went the rehab route.

He still makes a profit off of the government share.

The area seemed to really gain appreciation in the middle of rehab and boosted an ROI that was already projected to be strong.

But if you are saying that is always breaking or giving you issues, I know that can be a make or break.

Together we make about 120k-ish and as were doing this, were actively paying down our credit card debt which together is about 20k at the moment, just fyi.I feel like this is a solid plan, but I'm not too big headed to admit that I don't know everything.

@Ryan Daulton So, you want to believe in fairy tales and challenge us to prove them wrong?

Orignally purchased as a rental, but some unforseen circumstances have caused us to pivot to fix/flip model on this property.

@Omar Fernandez - you can start by reaching out to some attorneys, NYC is an attorney city so you'll have to get an attorney involved (who usually orders the title search). 

Welcome to BP.