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Updated over 10 years ago on . Most recent reply

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181
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Austin Faux
  • Real Estate Investor - Internet Marketing Professional
  • Denver, CO
41
Votes |
181
Posts

Rehab or Rebuild for Newbie?

Austin Faux
  • Real Estate Investor - Internet Marketing Professional
  • Denver, CO
Posted

I'm working in an area in Denver, Colorado which everyone is tearing down existing homes ($100k - $300K) and putting up $800K - $1.2m homes. I haven't done a deal yet but I've found a few FSBO motivated sellers that haven't listed on the MLS. If I get these deals done I'm trying to figure out if I should just do a more traditional Rehab, or if I should try and go big and do a complete rebuild with an experienced partner. Is doing a complete rebuild out of my league?


Most Popular Reply

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1,899
Posts
725
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Anson Young
  • Flipper/Rehabber
  • Denver, CO
725
Votes |
1,899
Posts
Anson Young
  • Flipper/Rehabber
  • Denver, CO
Replied

Rebuild by yourself?  No way.  With a partner with a proven track record and having done a number himself?  Sure.

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