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Updated about 1 year ago on . Most recent reply
Single Family Home with a lot split
Yesterday, I funded and recorded on this beauty.
The general numbers look like this:
Purchase price 300k
Rehab 65k
Hard Money 25k
Engineering 15K
Total: $405,000
Anticipated Sale:
Home $450,000
Raw Land Sale after lot split $130,000
Profit:
About $150,000 after closing fees, I am an agent so I will save a little there.
This was on our MLS originally asking $350,000.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/uploaded_images/1703032535-1969032_4561c4d26c8ac46f6a2280b1ffa5356b_6565439139d67.jpg?twic=v1/output=image/quality=55/contain=800x800)