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Updated almost 9 years ago,
Turnkey Flipping!! 16k to 26k Profit to you!
Hey everyone,
I have a new house see the picture below...
I am doing a Turnkey Flip on this house. It works like this:
1. We find and locate the house
2. We create rehab budget
3. You buy the house and own the house this is not a JV or loan.
4. You pay us 3k upon closing to manage the construction process.
5. You pay construction straight to the contractor as we approve the invoices and work is complete. (No money is given to us)
6. Once construction is complete we are paid the final 3k for management of flip.
7. We list the house and sell it for 3%
8. When house close you receive all profit.
This is what we call a Turnkey Flip. We only do 2 of these a month with out of state investors. A little about us we have done over a 300 flips and or new construction houses. We have about 12 projects going on right now and we are very experienced. Please let me know if you have any interest.
Here are the numbers..
ARV- 120k to 130k
Purchase 52k
Rehab 35k
Our fee 6k
Closing Cost 12k (10%)
Your Profit 16k to 26k
Timeframe 4 to 5 months
If you would like to see proof of any of our work please visit www.andrewcordle.com/flips there are at least 50 of our flips on that page. This is not a deal where we teach any investing or how to flip this is for passive investors only.
Andrew