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Updated about 1 month ago on . Most recent reply

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7
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Jesus E Martinez
2
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7
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2101 64th St Flip and Fix

Jesus E Martinez
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $123,000
Cash invested: $50,000
Sale price: $210,000

House was empty for 2 years before we took over, is was in deplorable conditions but in a C/B- area.

  • Jesus E Martinez
  • Most Popular Reply

    User Stats

    7
    Posts
    2
    Votes
    Jesus E Martinez
    2
    Votes |
    7
    Posts
    Jesus E Martinez
    Replied
    Quote from @Jaycee Greene:
    Quote from @Jesus E Martinez:

    Investment Info:

    Single-family residence fix & flip investment.

    Purchase price: $123,000
    Cash invested: $50,000
    Sale price: $210,000

    House was empty for 2 years before we took over, is was in deplorable conditions but in a C/B- area.

    Hey @Jesus E Martinez, welcome to the BP Forum and nice work! Out of curiosity, how much rehab work did you have to do on this property? Are you looking to do more, similar types of flips?

    Jaycee. 
    Thanks for your comments. Rehab + Closing around 70k, rehab only 50K. I'm looking for multifamily opportunities to expand my portfolio and probably some syndications for bigger deals. But if I came across with single family with good margins like this one  I'm sure I will jump into it.  
  • Jesus E Martinez
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