Fix and Flip and Want to sell fast - Posted by R.
Posted by R. on September 10, 2003 at 22:31:15:
We just purchased our first fix and flip. My husband wants to fix it up as if was his own, and I am trying to explain to him that we just need to do the basic repairs. I just want to put a fresh coat of paint to interior, exterior, a new front door and do basic landscape. The house is in a town in the east coast not far from NYC. They recently put in a direct train line into the city. I believe we can fix and flip right away and wont have a problem selling it. However, my husband wants to take his time. From what I read and I read a lot they say you should have an exit plan. I want to hurry up and make the minor cosmetic updates and market right away. Can anyone share their experience so that I can show my husband? This is really frustrating me because this is our first deal and I feel I am on my way on becoming a REI. However, my husband has no clue.