Property types(rental or flip)

[Najee Hoggard]

What’s the best way to determine whether a property you are interested in will be better valued as a flip or a rental???

[Anthony Dooley]

@Najee Hoggard you should be able to figure out the cash flow before you buy it. Once you have a property under contract, under control, that is a good time to figure out your exit strategy. If the cash flow is good, keep it. If not, sell it. The problem with selling is that it creates a taxable event. If neither the cash flow or potential profit is very good, you can renegotiate your purchase price/terms or back out of the deal during your due diligence period. So, there is no risk in making an offer.