Help running numbers on a potential BRRR/Flip
Looking for advice from successful investors in the flipping industry or BRRR method. We are newer to real estate and I have a potential deal that is in a rural area but since it is from a family member I get first dibs on it. They have a lean on the property and owe more than what it's worth.Can someone help me run numbers to see if it's even worth it? I have photos of the property and everything about it. I would like to rent it out but I'm up for a potential flip . Please only DM me if you have had success in these strategies prior. Thanks 😊
Most Popular Reply
Be carefull with rural properties to always consider tenant pool. Doesn't matter how cheap it is if you can't find dependable tenants or buyers.