Marietta Flip In the Books

[Kalim Kalla]

Investment Info:

Single-family residence fix & flip investment in Marietta.

Purchase price: $148,000
Cash invested: $186,000

Contributors:
Christopher Mannella, Stone Bettersworth, Clay Corley, Mitchell Kramer, Adam Polokoff

Awesome deal Put under contract and wholesaled to one of our investors invested all cash and crushed the rehab. Listed active for 8 days at $275,000. Presents a solid net profit in a pocket of Marietta located super close to schools highways and entertainment. Small but charming home flipped in this hot market.

What made you interested in investing in this type of deal?

Enough Spread for an investor to flip.

How did you find this deal and how did you negotiate it?

reverse engineered what cost I needed it for in order to make a wholesale fee and leave enough meat on the bone for an investor to take home a healthy profit on the flip.

How did you finance this deal?

Investor used all cash for the purchase and rehab.

How did you add value to the deal?

I found the deal and created the vision for my investor after vetting the rehab and Comps.

What was the outcome?

Successful flip for my investor