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Elaine Jackson
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Flip or Rent?

Elaine Jackson
Pro Member
Posted May 2 2024, 11:24

I recently purchased a home with an estimated ARV $265000. I will have about $200,000 of my own cash invested. Do I flip and move on to the next or cash flow a couple of years. I am concerned the area I purchased in 32148 won't see as much appreciation compared to a purchase in another surrounding county. I have spoken to some realtors in the area who say rent would be btw 1600-1800/month.

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