Latest flip is definitely NOT a lipstick flip!

[Aaron Farr]

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

[YiBing T.]

@Aaron Farr I used to work in Wenatchee and I am interested in your flip. Is this house a complete tear down to the studs or more cosmetic? I am currently doing my first flip, do you have any suggestions for 1st time flipping? How often do you have to visit the job site to ensure project is on schedule? Do you sign any contractor agreements with scope of work? Thanks