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Updated over 9 years ago,

User Stats

83
Posts
12
Votes
Kyle Evans
  • Flipper/Rehabber
  • Naperville, IL
12
Votes |
83
Posts

What do you guys think?

Kyle Evans
  • Flipper/Rehabber
  • Naperville, IL
Posted

Hello everyone, 

I'm going to look at a potential flip on a 3 bed 1 bath tomorrow.

I know that you guys can't give me a answer without knowing a lot of things like the local market etc... but I just want to post this to see what everyone thinks. 

The property was shown to me by a wholesaler. Offered at around $170k

ARV is around $250k with comps that range from $252k-260k

The rehab budget estimate is around 20k but honestly I would say more like 30-35k

What do you guys think? To me it looks like a great deal! 

Basement is unfinished and thought of adding another bath as well. 

Thanks in advance for taking the time to read my post. 

Happy investing everyone!

-Kyle Evans

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