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Updated about 11 years ago,
My First Flip in Baltimore
I am a professional Architect.Apart from regular building design, I designed many big and small scale commercial and residential renovation projects, However this was my first hands on(literally, looked around for the cheapest and good material and hand carried them to the site.) flip as a Real Estate Entrepreneur, where investors put their money and I put my sweat equity in terms of design, construction drawings, permit and construction management.
It was a Gut open rehab. Sold in three months after completion. aim was to test the water, so did not keep big margin, but I am happy to say that, we were able to sell at a price $40,000 more than the near by comps.
If any Investor in DC/MD area like to do similar venture with me, please inbox me, I have couple of projects, where there is good possibilities to make 80 to 100K in 3 months in and out.