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Updated about 2 months ago on . Most recent reply

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24
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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

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