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Updated over 6 years ago,
Latest flip is definitely NOT a lipstick flip!
To say the least our latest flip is not a light one! The location on the river in a desirable area is what allows us to do this large of a project. Put this house 1 block away off the river and it wouldn't make sense. Basically, we are printing money by adding square footage. We did another house a few blocks away on the river and it sold for 515K at 1500 sq. ft. This house will be about 2300 sq. ft one level.
Purchase Price $300K
Construction Budget $200K
Sale Price Goal $699K