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Updated over 17 years ago on . Most recent reply

Jason Jones's profile image
Jason Jones's profile image
Jason Jones
  • Real Estate Investor
  • from Thousand Oaks, California
  • Member since Jan 6, 2008
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Jason Jones's profile image
Jason Jones's profile image
Jason Jones
  • Real Estate Investor
  • from Thousand Oaks, California
  • Member since Jan 6, 2008
Connect
Jason Jones
  • Real Estate Investor
  • Thousand Oaks, CA
0
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61
Posts
Rehabbing & House Flipping

My 1st property was a success... so far...

Jason Jones
  • Real Estate Investor
  • Thousand Oaks, CA
Posted

I just completed a rehab & rent SFH in Jackson, MS. Got a 75% return on the money I invested into the deal. If you count the equity, then I got a 437% return.

$4370 amount I invested
$7550 cash back at refi
$16,000 20% equity
$145 monthly cash flow from rent

Not bad in 90 days and living on the other side of the country.

Now... if I could just get these results every 90 days...

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