Cash invested: $508,212Construction Loan Project CompleteWhat made you interested in investing in this type of deal?

You would need to use all of the cash down payment and purchase at least as much as the sales price of the old property. 

Now if you paying all cash or using a hard money loan that different.

Purchase price: $210,000 Cash invested: $21,000 2/2 condo, in a 314-unit complex. 1.7 miles from the beach, great location.

Now the issue is finding the cash.  

Purchase price: $165,000 Cash invested: $35,619 Sale price: $294,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Ryan Phipps, successfully completed a fix-and-flip on Powder Branch Rd, Johnson City, TN 37601.

Purchase price: $275,000 Cash invested: $67,150 Sale price: $365,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Oak St, Galt, CA 95632.

If you're considering it for a STR play know that Arlington has a VERY small zone that permits this.

Purchase price: $142,000 Cash invested: $40,000 Sale price: $270,000 Contributors: Peter Vekselman Partner Driven, in collaboration with John Robertson, successfully completed a fix-and-flip on Beaugard Cove, Memphis, TN.

You must reinvest all “cash” $525k (if that’s net) minus $268k mortgage is $257k.