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Fabian Santos
  • Contractor
  • New Haven, CT
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Flipping during COVID19

Fabian Santos
  • Contractor
  • New Haven, CT
Posted Apr 21 2020, 13:29

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

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