Updated over 10 years ago on . Most recent reply
Not sure what to do next. Please give me your 2 cents! Thanks!
I have recently bought and rehabbed a duplex that turned out to be better than I expected. I have new tenants that are signing leases and numbers are looking great. But I have another project that I have been presented with and I am really intrigued with the numbers and potential of the other project. Needless to say, if numbers are great in both situations would you sell the first project to help fund the new project
OR
keep the current rehab and use rents to help fund the project? Knowing that either way I will have to get a some sort of loan for the difference.
If i take on this next project, I will definitely have to post it because it will be a very large rehab.