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Updated over 3 years ago,
SW Philly Quick Flip
Investment Info:
Single-family residence wholesale investment in Phila.
Purchase price: $115,000
Cash invested: $55,000
Sale price: $220,000
NOTE- this is an ongoing rehab in West Philadelphia! One of those commonly clean deals for this area. Very clean 3bd/1.5bh that could be rented out almost as is or flipped relatively quickly adding value to the most critical points for resale (adding HVAC, finishing the basement, adding a full bathroom, etc.). My investors jumped at the opportunity to take this one down as their first flip having experience owning a few rentals. They utilized Sherman Bridge fund this one. After pics coming soon!