Decatur Investor BRRRR-> Flip

[Kalim Kalla]

Investment Info:

Single-family residence fix & flip investment in Decatur.

Purchase price: $119,000
Sale price: $247,900

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

Awesome Deal we found for our investor, Purchased this home earlier in the year with expected numbers below:

Purchase Price: $119,000
Rehab: $25,000
Expected ARV: $165,000

This property was expected to be a rental however in the ever appreciating Atlanta Market my investor was able to flip this property for a significant amount over expected price.

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

The spread and opportunity to flip in a hot pocket of Decatur

How did you finance this deal?

Investor used Hard Money financing

How did you add value to the deal?

Found the deal for an investor

What was the outcome?

Sweet net profit with ARV well over expected.