Hey everyone, Looking for advice/direction on how to manage and pay cash for doing multiple flips at once with contractors, material, etc. I purchase with hard money and usually do it with my own cash for material and...
Hey BP,I'm finally doing my first flip. I started off with two out-of-state SFH university rentals to get my toe in the water. Now, I found a hell of a deal in a hot market, and its just about closing time. The projec...
What’s the best advice you would give a newbie flipper? I’ve been studying real estate for two years now, started with wholesaling but it was hard for me to close on them. I’m ready to jump in
Investment Info:
Single-family residence other investment in Jacksonville.
Purchase price: $135,000
Cash invested: $8,000
Sale price: $181,000
Took down via creative financing for $8,000 out of p...
can someone explain the pros and cons of having a partner for a single flip property. Keeping in mind we both never done a flip before but we’re thinking of starting together.
Investment Info:
Single-family residence fix & flip investment in Philadelphia.
Purchase price: $240,000
Cash invested: $100,000
This was a great project my investor is undertaking right now, it ...
Got my 1st renovation and flip transaction done all y’all’s post and responses to my questions have been extremely helpful I appreciate this forum a lot !!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $225,000
Cash invested: $101,000
Sale price: $402,000
Purchased a foreclosure, opened up and updated kitchen, c...
Anyone can teach me the ropes on flipping homes
Question...
If this (below) formula is for Brrrr.....what formula do you like for flips?
(After Repair Value X 0.75) – Repairs = Maximum Purchase Price
Thanks!