Would you buy 8 Flips in one shot?

[Jacob F.]

Hi Guys & Gals,

Recently rehabbed a 1900 SFH in a Low-Mid class neighborhood,

Purchase price $72000

Rehab $65000 including insurance, fees, etc.

Sold $175000

Took 90 days from closing to closing.

Have an option to buy from the bank 8 units as a package deal for more or less similar price, all within the 5 sq mile.

Will you jump into it? and what will you look out for?

Your advice is greatly appreciate it! 

[Lucy Balyan]

8 units are harder to sell. It's good for buy & hold. SFR is better for flips.