Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 19 days ago,

User Stats

24
Posts
2
Votes
Jorge Armas
2
Votes |
24
Posts

On Market Deal - 75% Rule for Flip and also Great for Buy and Hold

Jorge Armas
Posted

Hello BP!

I have an On-Market deal in the Fort Lauderdale area that I want to assign. They had it listed at first for $789K, and I just put it under contract for $650K!!! I went to see the house, and it looks amazing. It is rent-ready but also a good Flip. If you want to Flip it, the rehab is about $50K, and the ARV is $850K. The house was completely remodeled in 2008, so it doesn't need much, just cosmetic. Message me if you need more info. Here is the listing:

Click Here to see the listing

Loading replies...