Strategy Decision Sheet

Wholesale / Flip / BRRRR — how to pick per deal.

The 5 Inputs

  • Spread — how much room is between acquisition and ARV net of rehab?
  • Condition — cosmetic, moderate, heavy, gut?
  • ARV Certainty — clean comps or aspirational?
  • Capital Available — honest about what and how long?
  • Timeline — need to be out or want long-term exposure?

When To Wholesale

  • Spread real but condition/capital/timeline don't fit you
  • Known buyer who can absorb rehab better
  • Capital deployed elsewhere

Ethics (non-negotiable): Clean contract. Seller informed about assignor status. No predatory terms. Reputation > any single fee.

When To Flip

  • Spread justifies rehab + carry + selling costs
  • ARV certainty high
  • Condition in your wheelhouse
  • Capital can deploy 4-8 months

Flip underwriting must be tighter than BRRRR — you can't hold your way out of a bad flip.

When To BRRRR

  • Property passes the 5-filter
  • Rent supports long-term hold
  • Target cash-left-in achievable
  • You want long-term exposure to the asset

Decision Matrix

  • No spread → walk
  • Condition heavier than capital/team → wholesale
  • Condition OK, ARV clean, short timeline → flip
  • Condition OK, ARV clean, rent strong, refi possible, want exposure → BRRRR
  • None fit → walk

Next Steps

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Educational content only. Your capital, market, and risk tolerance determine the right answer. Not legal, tax, or financial advice.