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Updated almost 4 years ago on . Most recent reply

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20
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0
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Daniel OKeeffe
  • Ashburn, VA
0
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20
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Most Popular Reply

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8
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5
Votes
Vincent Prentice
  • Bowie, MD
5
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8
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Vincent Prentice
  • Bowie, MD
Replied

I sold my first Flip and just closed on my second house to start a new Flip. How many Flips should a person try to do per year while working a full time? It took me way too long on my first one, but I learned a lot for sure. Like the BP crew say, " You have to take action!"

Numbers:

Purchase       168k

Renovation     60k

Closing Cost   9,150

Sold for           305k

Hold Cost        25k

Profit                42,850

Thanks to the BP community for helping me through my journey!

Vince Prentice

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