Posted by new in MD on July 15, 2002 at 14:38:11:
I wanted to do a L/O and do 1 of 2 things
- sell my option to an investor
- rehab and sell retail w/double close
Im told you should know the fmv in your target area and how fast the houses in that area sell.
what im asking is if it takes more then 6 mo. to rehab and resell is that too big of a project to take on as an investor. What is the general rule of thumb as far as time is concerned when rehabbing and selling retail?
Thank you for your post Clair.