First Flip Closed in South Saint Paul, MN

[Tanya Rooney]

Hello!! Just wanted to shout from the roof tops, I MADE MY FIRST DEAL! Closed on my first flip house on Friday and super stoked to figure out what this is all about! I made a lower offer in the beginning for $108k, house was on the market for $133k. They countered with $120k and we settled on $115k. Last week the appraisal came in lower than expected and I had to find more money (would need to be private), offer the sellers less or walk away. I didn’t want to walk away so I offered $107k to close it. The sellers took the weekend and signed off on it that Monday. So darn exciting to have a house project and to see what I can learn on the first one. Hoping to get this one and maybe another across the finish line (or just closed on) by the end of the year! Exciting stuff!! Thanks to BP’s constant knowledge bombs on the site and through the podcast and the community that has pushed things for me so far. I love this world and the potential for freedom!

[Daniel Kurkowski]

Congrats Tanya. I love that market and think most people are sleeping on it. I did my second flip over there and know those deals work. What's the rehab cost and ARV?