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Updated about 7 years ago on . Most recent reply

Fix and Flip or Buy and Hold
I've started working on deal and wanted to get some input as I am new to this.
2/1 with 1,126 sqft. Asking $19,000 but in need of repair. Listing agent said I could get the home for "seriously less" they are offering special financing. 2.9% interest with 20% down. Zestimate is 28k.
A couple of questions:
How do I analyze cost of repairs without viewing the property?
With such a low mortgage payment and a low ARV would it be more beneficial to buy and hold or flip for profit? (rent in this area is 750+ per month)