Updated over 10 years ago on . Most recent reply
Wholesale for profit or rehab for bigger profit?
So my partner and I have 2 deals on the table that we were looking to rehab, however we received an offer from another investor that would allow us to make a $44k profit now
or we could rehab and look to make $90k or more by rehabbing. Trying to get others opinions on what they would do in this situation, or variables they would analyze.
Deal Details:
House 1) Purchase: $50k, rehab $50k ARV; $165-170k
House 2) Purchase: $134k rehab $30-35k ARV; $280+