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Updated about 4 years ago on . Most recent reply

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Alexis Munoz
  • Realtor
  • Nashville, TN
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If You Had $200k to Invest In A Fix And Flip...

Alexis Munoz
  • Realtor
  • Nashville, TN
Posted

Can $200k all in bring a $40k to $50k profit in the Greater Nashville area? If so, what areas can provide this type of profit margin?

If not, what profit margin can you expect with $200k all in?

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Luka Milicevic
  • Real Estate Agent
  • Nashville, TN
2,156
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Luka Milicevic
  • Real Estate Agent
  • Nashville, TN
Replied

@Alexis Munoz

If you buy from wholesalers-definitely no where close.

If you source your own deals by spending time and $ marketing then probably not still, but you might have a chance. 

With how expensive trade jobs are charging right now and the cost of lumber, the cost to renovate has about doubled in the last 5 years. 

A 50k profit on a 200k deal to me would be more than a home run. 

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