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Updated over 8 years ago on . Most recent reply

Rocky V.'s profile image
Rocky V.'s profile image
Rocky V.
  • Flipper/Rehabber
  • from Arlington, TX
  • Member since Nov 30, 2012
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Rocky V.'s profile image
Rocky V.'s profile image
Rocky V.
  • Flipper/Rehabber
  • from Arlington, TX
  • Member since Nov 30, 2012
Connect
Rocky V.
  • Flipper/Rehabber
  • Arlington, TX
640
Votes |
788
Posts
Real Estate Deal Analysis & Advice

From Builder Grade to Extraordinary - DFW Flip

Rocky V.
  • Flipper/Rehabber
  • Arlington, TX
Posted

Purchased this home site unseen (I actually only viewed the exterior).  Newer 2008 build.  To my surprise it was not that bad and just needed cosmetic upgrading to make it stand out.  This property even had carpet in the bathrooms (cheap builders).  

$94,250 Purchase Price

$12,861 Rehab and all Silent Costs

$157,000 Sales Price

$38,771 Profit (after all closing cost, commissions and over $3K in HOA back payments)

Happy Investing!!

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