Flipping during COVID19
Hello BP,
I am due to close on a foreclosed property in North Branford, CT next week and am curious to know if anyone else is pushing forward with a rehab during these times? Property was bought at 70% ARV minus construction and am unsure with virus if I should just pull out of deal. This would be all cash no HML which I would be saving on interest.
Connecticut was decent prior to this epidemic however it’s a tough call.
Appreciate any feedback
Thank you