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Updated about 3 years ago,

Austin Latty's profile image
Austin Latty's profile image
Austin Latty
Pro Member
  • from Elizabeth City, NC
  • Member since Dec 9, 2017
Connect

User Stats

18
Posts
12
Votes
Austin Latty's profile image
Austin Latty's profile image
Austin Latty
Pro Member
  • from Elizabeth City, NC
  • Member since Dec 9, 2017
Connect
Austin Latty
Pro Member
  • Elizabeth City, NC
12
Votes |
18
Posts
Rehabbing & House Flipping

Input on a potential flip

Austin Latty
Pro Member
  • Elizabeth City, NC
Posted

Hello folks,

I would like input on a potential property to flip. I came across it from a wholesaler. The asking price is 56k, and the ARV is between 120-130k. Ive had a GC take a look, and seems like 20k rehab cost (mainly cosmetic/updating). Minus the commissions/closing costs it seems I can make 40k or so. Am I missing anything here or does this sound like a good deal?

  • Austin Latty
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