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Updated about 4 years ago on . Most recent reply

Tom Palmieri's profile image
Tom Palmieri's profile image
Tom Palmieri
  • Contractor
  • from Miami/ Asheville
  • Member since Jan 24, 2021
  • Posts 23
  • Votes 11
  • Experience 20 Yrs
  • Investments 1
Connect

User Stats

23
Posts
11
Votes
Tom Palmieri's profile image
Tom Palmieri's profile image
Tom Palmieri
  • Contractor
  • from Miami/ Asheville
  • Member since Jan 24, 2021
  • Posts 23
  • Votes 11
  • Experience 20 Yrs
  • Investments 1
Connect
Tom Palmieri
  • Contractor
  • Miami/ Asheville
11
Votes |
23
Posts
General Landlording & Rental Properties

Considering Flipping Fairview NC Home

Tom Palmieri
  • Contractor
  • Miami/ Asheville
Posted

I have an offer in on a home in Fairview NC. It looks like it will be accepted this week. It has a foundation issue I plan on repairing prior to releasing the property. The remainder of the project will consist of standard bath and kitchen modernization and paint. Although, if it is to be a rental, kitchen and baths are fine. 

ARV is 500k. If kitchen and baths are remodeled I would budget 30-40k. I'm considering offers after the foundation repair if above 375k.

Home is two level, 3 bath 2,000sf.


If interested PM me for more details.

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