Some before and after pics of BP JV flips

[Sharad M.]

Hello all,

Here are couple of flips that I did with other BP members.

Property # 1

Had 6 offers first 2 days on the market. This one took less than 3 months from the time we bought to the time we sold. We accepted an all cash offer.

Total Cash Investment - About $85,000

Resale Price - $150,000 (Listing Price - $145,000)

Before Pics:

https://www.dropbox.com/sh/htoq31rogeokww2/AADi_RL...

After Pics:

https://www.dropbox.com/sh/dla20abrpacp0rf/AACTYjZ...

Property # 2

Received full price offer a day before we were going to list it on the market. This one is closing Monday and total time will be under 5 months.

Total Cash Investment - About $80,000

Resale Price - $125,000

Before Pics:

https://www.dropbox.com/sh/fuxch2s99jmiq9c/AACzeoe...

After Pics:

https://www.dropbox.com/sh/7bp02xt3v4skqdg/AADWBsZ...

[Sharad M.]

@Rodney Marcantel and Jerry 

Thank you!

Rodney, those are granite countertops.

Property # 1

Purchase Price - $48,000

Rehab Costs - $36,000 (Approx)

Closing Cost - $11,000

Carrying Costs - $1,000

Asking Price - $145,000

Sold Price - $150,000

Profit - $54,000

6 offers in 2 days on market. Accepted an all cash offer.

Total time from buy to sell - Under 3 months

Property # 2

Purchase Price - $28,000

Rehab Costs - $50,000 (Approx)

Closing Cost - $11,000

Carrying Costs - $2,000

Asking Price - $125,000

Sold Price - $125,000

Profit - $34,000

Full price offer a day before we went live on MLS

Total time from buy to sell - Under 5 months

@Jerry Padilla