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Updated over 7 years ago on . Most recent reply

Steve Cady's profile image
Steve Cady's profile image
Steve Cady
  • Investor
  • from Elk Grove Village, Illinois
  • Member since Oct 11, 2016
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User Stats

23
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10
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Steve Cady's profile image
Steve Cady's profile image
Steve Cady
  • Investor
  • from Elk Grove Village, Illinois
  • Member since Oct 11, 2016
Connect
Steve Cady
  • Investor
  • Elk Grove Village, IL
10
Votes |
23
Posts
Real Estate Deal Analysis & Advice

First Flip paid for my training

Steve Cady
  • Investor
  • Elk Grove Village, IL
Posted

Just finished my first flip.  Didn't make a killing but still turned a profit while learning the ropes.  Gonna use that knowledge to make the next one a home run!

Purchase     $81.5K

Rehab          $54K

Carrying      $7.1K

Closing        $15.7K (including commissions, credits, etc)

Sold              $170K

Profit            $11.7K

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