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Updated about 10 years ago on . Most recent reply

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45
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15
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Jon Bachman
  • Greer, SC
15
Votes |
45
Posts

Profits: BRRR VS Flip profits

Jon Bachman
  • Greer, SC
Posted
Hey Everyone, This is my first post, and I'm in love with BP! I just bought my first duplex and I now am planning for step two. However I'm getting some conflicted thoughts in my own mind and looking for some advice on which avenue is more profitable upfront (not long term). I'm going to create a hypothetical situation. The hypothetical situation: Flip vs Buy and hold BRRR Given they both were bought for the same price, have the renovation costs, and same ARV; is there any reason I wouldn't chose the buy and hold to leverage the equity for a future acquisition vs the flip?

Most Popular Reply

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3,884
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2,662
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Kerry Baird
  • Rental Property Investor
  • Melbourne, FL
2,662
Votes |
3,884
Posts
Kerry Baird
  • Rental Property Investor
  • Melbourne, FL
Replied

You can shear a sheep many times; you can skin him only once.  

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