$160K Profit Fast Flip

[David Oldenburg]

Investment Info:

Single-family residence fix & flip investment in Merced.

Purchase price: $170,000
Cash invested: $6,000
Sale price: $350,000

$160,000 profit after all expenses in just 2 weeks! This was a great wholetail fast flip. I put in a small amount of work and owned the property from beginning to end for just 2 weeks. I was able to negotiate the seller down $55K from what he wanted and then I was able to push multiple buyers to $51K over list price when it sold. These factors contributed largely to the large profit. This home was 3 hours away from me each way but ended up being worth it!

How did you finance this deal?

Paid Cash