Investor Flip in Decatur 30035

[Kalim Kalla]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $119,000
Sale price: $247,900

Contributors:
Wesley Potter, Evan Murphy, Sam Neel

Awesome Deal we found for our investor, Purchased this home earlier in the year with expected numbers below:

Purchase Price: $119,000
Rehab: $25,000
Expected ARV: $165,000

This property was expected to be a rental however in the ever appreciating Atlanta Market my investor was able to flip this property for a significant amount over expected price.

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

The proven area and the spread on the deal

How did you add value to the deal?

I sourced the property ran a rehab analysis and ARV analysis to find out what the realistic margins are on the deal in order to wholesale it to one of my clients.

What was the outcome?

My investor got a solid deal with a great Net Profit and I was able to Complete another wholesale transaction.