Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
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 on . Most recent reply

User Stats

47
Posts
6
Votes
Angel Dejesus
  • Businessmen
  • Boston, MA
6
Votes |
47
Posts

Fix and flip rent or wholesale

Angel Dejesus
  • Businessmen
  • Boston, MA
Posted

I'm trying to figure out if I should flip or rent or whole sale. My mind is saying flip or whole selling. Long story short. It's a 2 1 condo that I bought as a short sale. I have an opportunity fix and flip. I want to buy the second unit wich is a 3 1. I don't want to use any of my own money. So I don't know what strategy to use

Thanks for using the monthly payment calculator on the Zillow iPhone app.

Total Monthly Payment: $500

Principal and interest: $339/mo

Taxes: $94/mo

Insurance (homeowners and mortgage): $67/mo

Assumptions

Home price: $100,000

Down payment: $30,000 (30%%)

Interest rate: 4.128%

Property taxes: $94/mo

Homeowners insurance: $67/mo

Mortgage insurance: $0/mo

Loan term: 30 Years

Hoa: $175

Rents for about $1200

Loading replies...