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Updated almost 11 years ago on . Most recent reply

Chris G.'s profile image
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Chris G.
  • Real Estate Investor
  • from Irvine, California
  • Member since May 7, 2011
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Chris G.
  • Real Estate Investor
  • from Irvine, California
  • Member since May 7, 2011
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Chris G.
  • Real Estate Investor
  • Irvine, CA
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Buying & Selling Real Estate

What other markets have $100K+/- spread on rehab flips?

Chris G.
  • Real Estate Investor
  • Irvine, CA
Posted

I am curious to know what markets other than SoCal have $100K+/- margins on $350K~ purchase cost homes?

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Chris Martin
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  • from Willow Spring, NC
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Chris Martin
  • Investor
  • Willow Spring, NC
Replied

Five points area in Raleigh. How do I know? I funded (via SDIRA) a flipper there. $161K in, $345K out. 5 months deed to deed. A little more than paint... he put in a lot of $$, but I'd contend there are $100K spreads on cities coast to coast.

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