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Updated over 2 years ago on . Most recent reply

User Stats

19
Posts
29
Votes
Kalim Kalla
  • Investor
  • Atlanta
29
Votes |
19
Posts

Marietta Fix and Flip Wholesale Deal- cosmetic

Kalim Kalla
  • Investor
  • Atlanta
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $148,000
Sale price: $270,000

Contributors:
Wesley Potter, Evan Murphy, Sam Neel

Awesome deal Put under contract and wholesaled to one of our investors invested all cash and crushed the rehab. Listed active for 8 days at $275,000. Presents a solid net profit in a pocket of Marietta located super close to schools highways and entertainment. Small but charming home flipped in this hot market.

What made you interested in investing in this type of deal?

It was fairly cosmetic with close proximity to Marietta Square.

How did you finance this deal?

this deal was an all cash deal.

How did you add value to the deal?

I sourced the property in order to wholesale it to a client.

What was the outcome?

Client faced unexpected appreciation and got a huge net profit for how cosmetic the project was.

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