Hello everyoneI would love to get an opinion on our situation from everyone. My wife and I buy and hold long term properties. So far rents are great and we would like to purchase more properties, however we are limite...
Investment Info:
Single-family residence fix & flip investment in Colesville.
Cash invested: $65,000
Sale price: $650,000
This was a cool deal, I basically negotiated with a family member that wa...
Investment Info:
Single-family residence fix & flip investment in Atlanta.
Purchase price: $34,080
Cash invested: $114,222
Sale price: $385,000
This was my first investment property. I was ab...
Anyone have any recommendations for a good, fast contractor for flips in the Philly area?
Finally after a long crazy 2020 year, we have signed the contract on my flipping house that we did in the beginning of 2020. Original Projected sale was April but it was pushed back due to Covid, so we started selling...
I am researching REI and flipping.I came across this site.https://www.remodeling.hw.net/cost-vs-value/2018/The costs are for using a pro not DIY for remodel projects. Every single estimate is less than 100% cost/value...
If I buy a house for 50k, put 100k into rehab, then sell it for 200k with 6% agent commission, do I actually make a profit? Or do I just get back my original 30k?
Deal:
Money Out of Pocket: 30k (rest is financed)
B...
Investment Info:
Other fix & flip investment.
Purchase price: $228,000
Cash invested: $135,000
Sale price: $440,000
•$ 228k purchase price
• Commercial 20% down loan
• $56k spent on renovatio...
What is ARV and why is having 70 percent of it important in a house flip?
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? Followin...