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Updated 11 months ago, 01/07/2024
Analyze this deal
I’m looking at this Zillow deal and running the numbers as a 90 day flip.
https://www.zillow.com/homedetails/2311-Di-Foss-St-Lemon-Gro...
ARV comps $729,000
Purchase $540,000 hard money loan
Rehab $80,000
Carrying costs $20,000
Gross profit $90,000
I have about $350k in savings and plan to use hard money and heloc to keep my savings safe but ready to deploy if needed.