Current house flip in Burbank IL

[Tunde McConnell]

Investment Info:

Single-family residence fix & flip investment in Burbank.

Purchase price: $110,000
Cash invested: $48,000

Due to the timing of this deal, the renovation has been taking longer than anticipated. The property was purchased for $110K at the end of February and our reno budget is $86K. With holding costs we are looking at a total investment of $215K. ARV is $265K. We are a few weeks away from completion.