Our Quickest Flip Ever

[Michael Gregory]

Thursday: An email appeared in my inbox for an easy flip at 190k

Friday: Toured the property, made an offer at 195k dependent on sewer scope. ARV 260k with <10k repairs.

Monday: Scope revealed bad line, revised offer to 193k.

Friday: Closed on property, went to put on the lockbox and found a note taped to the door. "Local business X owner wants to buy this property for cash"

Monday: Spent 1 hour on structural repair, scheduled our guy to do sewer repair (~$700 with machine rental). Buyer walked through

Tuesday: Received cash offer from buyer for 250K

Should close by this Friday at the latest for a total profit of just over 40k

Sometimes you just get lucky, but you have to be ready to act fast.