Updated almost 7 years ago on . Most recent reply
Found a possible deal
I found a 3/1, 1700 sq ft for $55k that need a total renovation.
I would assume a $25-$30k renovation.
It would appraise for $130k.
Option 1:
Buy, fix, flip
Option 2:
Buy, Fix, pull cash, keep as rental
thoughts?
Rent is around $800/month. Taxes are $1000/year