I am considering whether asking  the bank for a loan over the property to use this capital to buy another fix -flip property   Or to sell the property,  ( maybe  wholesaling because closings costs would be expensive leaving no profit left)  I am here to read your ideas on this.

I was flipping burgers at McDonalds in Hawaii at 19!     

Is there enough margin here for a flip, or would this be better as a long-term rental?

Hey Lilach,I'm a realtor in Jacksonville, I specialize in aquiring Fix n flips and Rentals.

I'm not an educator whatsoever but I can give you an overview of my wholesaling and flipping operation here in Central Florida.

Primary Residence, did a live and flip.

Just remember for every glamorous flip or lucrative rental, there’s a puzzle waiting to be solved, sometimes involving old graves, sometimes involving new regulations, and always requiring creativity and patience.So, the next time you’re having a bad day—your contractor didn’t show up, a deal fell through, or you just discovered your property has a surprise pool—just remember: at least you’re not trying to figure out where the bodies are buried.

drew  Fix and flip lender here. 

You are more than welcome to come, here's the link to sign up for reminders https://forms.gle/VhCj1bEbNndPcPYV7 Feel free to reach out with any questions, we run a flipping and wholesale operation here in Central Florida. 

It is possible (but not typical to make $80k) on 1 flip.