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Updated over 7 years ago on . Most recent reply

Stefan Grossett's profile image
Stefan Grossett's profile image
Stefan Grossett
  • Real Estate Agent
  • from South Amboy, NJ
  • Member since Jun 1, 2018

User Stats

10
Posts
1
Votes
Stefan Grossett's profile image
Stefan Grossett's profile image
Stefan Grossett
  • Real Estate Agent
  • from South Amboy, NJ
  • Member since Jun 1, 2018
Stefan Grossett
  • Real Estate Agent
  • South Amboy, NJ
1
Votes |
10
Posts
Real Estate Deal Analysis & Advice

New Investor Cash/Rehab Only

Stefan Grossett
  • Real Estate Agent
  • South Amboy, NJ
Posted

Hi BP,

I am a new investor located the central jersey area, I see a potential house that I would like to fix and flip. But the list is a CASH/REHAB only.. the bank will not accept a FHA or Conventional loan, and the property needs major work. My question is what advice would some of you guys give in regards to seeing if the flip is worth the investment.

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