Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

21
Posts
5
Votes
Brian Flint
  • Rental Property Investor
  • Niles, MI
5
Votes |
21
Posts

Wholesaler Dilemma ? Assign contract, Hold, Repair,Flip, Brrrr?

Brian Flint
  • Rental Property Investor
  • Niles, MI
Posted
Recently put a clear & free 3br/1ba 1028sqft home on 0.25 acres under contract for $30k Zillow estimated the ARV at $92,860, my first Intent was to sell my assignment contract to a cash buyer but then I was weighing out other options that would be more beneficial to myself as a newbie investor by hold & flip or long term wealth by using the Brrrr strategy & a private lender I’m open for suggestions?

Most Popular Reply

User Stats

2,872
Posts
2,503
Votes
Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
2,503
Votes |
2,872
Posts
Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
Replied

Hey @Brian Flint if you have $0, there is no way you can do a flip or buy and hold. Wholesale it. Dont get greedy and try to make 20k on your first wholesale. Find some investors from your investor group and make 5k, if you can. Make friends as you make some money. Dont try to do just one or the other.

Keep marketing to find more deals. As you do and make more money save some up and THEN you can rehab and hold.

Loading replies...