How about this one?

1.SFH list price around $250000, next door just sold at price $347500 with updated kitchen and new deck.
2.closing price around $220000, 20% down pay, 7/1 ARM 3.25%
3.repair and paint $5000
4.plan to hold for two years, expect market price is above $300000
5.property tax is $8000
6.rental income is $1900 or more

Is this called flip or short term investment?

所有跟帖： 

• 我所理解的flip：买的投资房，没打算用来出租，直接卖掉（目的是时间短，资本运作快） -风骨- ♀ (0 bytes) () 07/31/2014 postreply 11:48:48

• Add up numbers: -borisg- ♀ (400 bytes) () 07/31/2014 postreply 11:49:32

• why my number does not match yours? -简单大头- ♀ (262 bytes) () 07/31/2014 postreply 12:37:50

• 根据flip的特点，选地点很重要，因为改建或重建后要立刻卖掉，地点差的，可能一边改建重建，周围的房价已经自由落体般下跌 -trimtip- ♂ (134 bytes) () 07/31/2014 postreply 11:55:56

• I will stick to good area. -简单大头- ♀ (0 bytes) () 07/31/2014 postreply 13:12:28