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Updated almost 3 years ago,

Stephen Brown's profile image
Stephen Brown's profile image
Stephen Brown
  • Real Estate Broker
  • from Huntsville, AL
  • Member since Oct 3, 2019
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User Stats

1,033
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872
Votes
Stephen Brown's profile image
Stephen Brown's profile image
Stephen Brown
  • Real Estate Broker
  • from Huntsville, AL
  • Member since Oct 3, 2019
Connect
Stephen Brown
  • Real Estate Broker
  • Huntsville, AL
872
Votes |
1,033
Posts
Real Estate Deal Analysis & Advice

Flipped without rehabbing in Toledo

Stephen Brown
  • Real Estate Broker
  • Huntsville, AL
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $9,550
Cash invested: $500
Sale price: $33,000

I called up a guy who simply wanted out of his rental. I bought it and sold it to a different real estate agent here in Toledo. I paid $9,550, fixed up the floors for $500, and then sold it for $33,000.

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