Updated over 16 years ago on . Most recent reply
Would this be worth the risk?
I have a question. I live in a neighborhood that has some pretty nice single family homes. Its pretty nice and quiet. However on the other side of the road the neighborhood turns very bad, its like day and night. There are many vacant homes, and the streets are not very safe. Many investors wouldn't touch these few streets with a 10 foot pole but I see opportunity in those vacant homes, there are so many that I think I could get a pretty big profit from them with either buy and holding or flipping them to buy and hold investors. They are priced pretty cheaply, its definitely a steal. Do you think I should take the risk and try to flip rehab them?