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All Forum Posts by: Bernardo Mejia

Bernardo Mejia has started 1 posts and replied 2 times.

Rehabbing & House Flipping

Post: Analyzing Flip Deals

Bernardo MejiaPosted
  • Posts 2
  • Votes 0

Ok so for example, I get a property for $16K. ARV is $85K. Rehab $40K.

The rehab plus the purchase price is approximately 65% of the ARV value …

0 Votes
Rehabbing & House Flipping

Post: Analyzing Flip Deals

Bernardo MejiaPosted
  • Posts 2
  • Votes 0

Hello everyone, pleasure to be on this network. I am from Richmond VA trying to find my first flip deal. My question here is what are some metrics to look at and consider before making an offer on a property? Following the LAPS method as I learned it in "How to Invest in Real Estate" by Joshua Dorkin and Brandon Turner.

0 Votes