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Updated over 1 year ago,

Paul V.'s profile image
Paul V.'s profile image
Paul V.
  • Investor
  • from Denver, Colorado
  • Member since Dec 4, 2016
Connect

User Stats

42
Posts
29
Votes
Paul V.'s profile image
Paul V.'s profile image
Paul V.
  • Investor
  • from Denver, Colorado
  • Member since Dec 4, 2016
Connect
Paul V.
  • Investor
  • Denver, CO
29
Votes |
42
Posts
Real Estate Deal Analysis & Advice

Chicago Condo Conversion Pre-construction Flip

Paul V.
  • Investor
  • Denver, CO
Posted

Investment Info:

Condo fix & flip investment.

Purchase price: $118,500
Cash invested: $6,000
Sale price: $132,500

2 bedroom condo in Rogers Park neighborhood of Chicago. 81 walk score that is .4 miles from the Rogers Park Metra stop. I signed a contract pre-construction for a condo conversion while it was being developed. I closed on it 1 yr later and flipped it 1 month after I closed on it.

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