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Real Estate Deal Analysis & Advice

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70
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Chris Bell
  • Rental Property Investor
  • brooklyn, NY
16
Votes |
70
Posts

one property and many dicisions.

Chris Bell
  • Rental Property Investor
  • brooklyn, NY
Posted Dec 10 2015, 21:50

i just signed contract on this property in jersey. my thoughts is to flip. the investor that i approached says it a good buy. kinda high but the place is well renovated (i think the seller just wanted out) its totally rehabbed. there's two sets of comps. property shark says 150k a trustworthy REI says its about 230k. what should i do? keep it for the rents or flip for the quick cash. the neighborhood is ok walkable close to NYC i go into this part of town to look at properties and there is aways multiple offers on them. this time i win

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