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Updated almost 8 years ago on . Most recent reply

Joe Zhang's profile image
Joe Zhang's profile image
Joe Zhang
  • Real Estate Investor
  • from Austin, Texas
  • Member since Sep 15, 2013
Connect

User Stats

50
Posts
6
Votes
Joe Zhang's profile image
Joe Zhang's profile image
Joe Zhang
  • Real Estate Investor
  • from Austin, Texas
  • Member since Sep 15, 2013
Connect
Joe Zhang
  • Real Estate Investor
  • Austin, TX
6
Votes |
50
Posts
Rehabbing & House Flipping

First flip done in Austin Texas

Joe Zhang
  • Real Estate Investor
  • Austin, TX
Posted

My first project in this new game and it turned out to be very successful:)

Property :

SFH : 3 beds 2 baths, 1385 sf built in 1969. Cash offer.

purchase price : $145,000

rehab cost : $41,000

ROI = 32.5%

Milestones:

1/21/2014 purchasing

4/16/2014 listing

4/21/2014 pending

5/16/2014 closing & funding

Before

work in progress

After

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