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Updated about 2 years ago on . Most recent reply

User Stats

7
Posts
3
Votes
Hunter Beier
  • Rental Property Investor
  • Winfield, KS
3
Votes |
7
Posts

Options for my unique flip?

Hunter Beier
  • Rental Property Investor
  • Winfield, KS
Posted

Good afternoon, 

I have a unique situation. 

I purchased a cozy 2bd 1bth home in South Dakota from the government. Part of this government contract requires I remove the home off the property. I was going to originally set this down on a plot of land in my state of Kansas but long story short I realized I can make much more money moving it in-state. I need an estimated 70-100,000 to facilitate this flip.

I need to buy a plot in SD, move the home to the plot, do light-medium renovations to pretty it up, and then flip it. I am working with an agent in SD and getting quotes on all of the list items but I think there is a profit margin of 75k-120k. 

Edit: I of course am reaching out to some local friends/family who may be interested in investing, but if they can't/don't want to, what are my other options?

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