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Updated 7 months ago on . Most recent reply

User Stats

9
Posts
7
Votes
Dylan Onorevole
  • Real Estate Agent
7
Votes |
9
Posts

REO on Market Flip

Dylan Onorevole
  • Real Estate Agent
Posted

2 months ago, my client closed on a property for $120k. 2 bed 1 bath. The rehab costs are anywhere from $60k-$80k. ARV is looking to be around $315k. Expecting a 4 months turn around to put back on the market in Early September.

It was an REO property and we got it for $30k under asking price.

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