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 almost 9 years ago,

User Stats

661
Posts
400
Votes
Andrew Cordle
  • Real Estate Consultant
  • Alpharetta, GA
400
Votes |
661
Posts

Turnkey Flipping!! 16k to 26k Profit to you!

Andrew Cordle
  • Real Estate Consultant
  • Alpharetta, GA
Posted

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

Offering

Loading replies...