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Updated about 8 years ago on . Most recent reply

User Stats

788
Posts
640
Votes
Rocky V.
  • Flipper/Rehabber
  • Arlington, TX
640
Votes |
788
Posts

1st 2017 Flip closed in Cleburne, TX

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

This week just closed/funded my first flip of this year.  Here are the numbers:

$74,500 Price

$28,000 Rehab including soft costs

$135,000 Sold for Ca$h (on market for 11 days and set a new $/ft high for area)

$25,000 Profit (after all closing costs and commissions)

I purchased this home site unseen.  Couple of unexpected items were 29 pressed piers, electrical panel upgrade and new AC.  Here are some before/after pics.

ON TO THE NEXT!!!  HAPPY INVESTING!

Most Popular Reply

User Stats

749
Posts
536
Votes
Andy Webb
  • Rental Property Investor
  • Carrollton, TX
536
Votes |
749
Posts
Andy Webb
  • Rental Property Investor
  • Carrollton, TX
Replied

Congrats!  Was this a courthouse acquisition?

Andy

  • Andy Webb
  • Loading replies...