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Updated over 9 years ago on . Most recent reply

User Stats

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

one property and many dicisions.

Chris Bell
  • Rental Property Investor
  • brooklyn, NY
Posted

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

Most Popular Reply

User Stats

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

@joshua d

the money is going into more deals i'm in jersey to do business. putting a well organized team together to  fix and flip and fix and hold. this gem that i have is being at the right place at the right time rehabed property at gut price. i love rei 

i have been working all my life to have financial freedom now is the time to cease the moment.

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