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Rehabbing & House Flipping

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9
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7
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Dylan Onorevole
  • Real Estate Agent
7
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9
Posts

REO on Market Flip

Dylan Onorevole
  • Real Estate Agent
Posted Jul 25 2024, 06:45

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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2,893
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1,990
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Caleb Brown
Agent
Pro Member
  • Real Estate Agent
  • Blue Springs
1,990
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2,893
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Caleb Brown
Agent
Pro Member
  • Real Estate Agent
  • Blue Springs
Replied Jul 25 2024, 06:53

Nice job! Love deals like that :)

User Stats

149
Posts
124
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Verna Littleton
Agent
#3 Legal & Legislation Contributor
  • Real Estate Agent
  • Memphis, TN
124
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149
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Verna Littleton
Agent
#3 Legal & Legislation Contributor
  • Real Estate Agent
  • Memphis, TN
Replied Jul 25 2024, 07:49

Sweet deal! 

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