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Updated almost 7 years ago on . Most recent reply

User Stats

19
Posts
3
Votes
Jerome Hawkins
  • Attorney
  • Fairfield, CA
3
Votes |
19
Posts

What to do when a flip won’t/doesn’t sell?

Jerome Hawkins
  • Attorney
  • Fairfield, CA
Posted
What options does an investor have when a rehabbed house will not or does not sell within the estimated time? How do you deal with holding costs that exceed estimates? Thank you

Most Popular Reply

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2,098
Posts
2,365
Votes
Lee Ripma
  • Rental Property Investor
  • Prairie Village, KS
2,365
Votes |
2,098
Posts
Lee Ripma
  • Rental Property Investor
  • Prairie Village, KS
Replied
@Jerome Hawkins Well you either reduce your profits or you refi and turn it into a rental, wait to sell.

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