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Updated almost 2 years ago,

Megan Elliott's profile image
Megan Elliott's profile image
Megan Elliott
  • Real Estate Agent
  • from Surf City, NC
  • Member since Jan 23, 2020
  • Posts 25
  • Votes 13
  • Experience 5 Yrs
  • Investments 7
Connect

User Stats

25
Posts
13
Votes
Megan Elliott's profile image
Megan Elliott's profile image
Megan Elliott
  • Real Estate Agent
  • from Surf City, NC
  • Member since Jan 23, 2020
  • Posts 25
  • Votes 13
  • Experience 5 Yrs
  • Investments 7
Connect
Megan Elliott
  • Real Estate Agent
  • Surf City, NC
13
Votes |
25
Posts
Real Estate Deal Analysis & Advice

Flipped Primary Residence

Megan Elliott
  • Real Estate Agent
  • Surf City, NC
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $204,000
Cash invested: $50,000
Sale price: $289,000

Live-in flip! Bought knowing I would be moving in 2 years (just enough time not to pay capital gains on primary residence). Bought an outdated SFH and fixed it up over the two years while I was working full time.

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