Updated over 6 years ago on . Most recent reply
To buy a condo to flip or not.
I have been offered a chance to buy a Condo for 50000. The value is 92000 and it will be 10000 to 12000 to flip it. I have 20000 down and the credit union has no problem giving my LLC the loan. My question is even though this is a great offer I'm a little worried I'm moving to fast. I just finished sitting up my LLC and I just bought and flipped a house. I know it's a hard question but when is it to much risk even with a good deal.