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Updated almost 3 years ago,

Joe Gee's profile image
Joe Gee's profile image
Joe Gee
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Joe Gee's profile image
Joe Gee's profile image
Joe Gee
  • Member since Jan 20, 2021
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Joe Gee
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Rehabbing & House Flipping

Finished Fix and Flip, not sure how to calculate profit

Joe Gee
Posted

I have a fix and flip completed and sold today but I am not sure how to calculate the actual profit. The cost of the house was 210k I borrowed 34k for the rehab. I would use my own money then the lender would fund it back through draws. How do I figure out the amount I put in from my money? Is it any amount that is over the 34k?

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