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REO on Market Flip
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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Nice job! Love deals like that :)
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Verna Littleton
#3 Legal & Legislation Contributor
Agent
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- Memphis, TN
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Sweet deal!
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