1st Flip in a Small Town

[Craig Price]

I have been on Bigger Pockets for a few months now and have really enjoyed all the information that is available. Have listened to all of the podcast and most of them twice. Have read a majority of the articles and many of the forum post. I find myself always checking this forum, Success Stories, first. Hopefully the success I had on my first flip will encourage someone else to pull the trigger and do their first flip. The hardest part for me in this entire process was actually pulling the trigger and buying the house. I live in a small town in Oklahoma with a population of 3,000 people and work a full time job 60-70 hrs a week. If I can do this anyone can.

Purchase Price: $34,000

Rehab, Closing Cost, Quit Cost, & all other Cost: $12,000

All in for: $46,000

Sale Price: $68,000

Profit: $22,000

Hoping to buy my next flip within the next two months!

[Joshua Dorkin]

Hey @Craig Price - That's awesome! Congrats on your first flip. Do you have any before/after pics you could share with us? Also, would you be willing to beak down that $12k for us? It's always helpful for other new users to see the actual expenses on a real deal . . .

I'm glad that BiggerPockets has been helpful to you in making this happen. Keep the deals coming and be sure to let us know how they all go!