San Diego, CA · Member since 2018 · 23 posts · 4 votes
I am looking to purchase a home in Copperas Cove, Texas to potentially do a fix and flip.
I am trying to find a few things. 1st thing is does anyone know a great contractor in the Copperas Cove, TX area who could potentially provide a rehab estimate and that someone has worked with before?
Secondly I am potentially interested in investing with someone for this property.
The comps nearby sold for $155k & $147k. The house is 4 bed 2 bath and needs a good amount of work. I assumed $30 per sq/ft for rehab cost on the 2000 sqft house. My numbers looked like this:
House is listed at $65,000. I will plan on offering $35k. This would be my 1st fix and flip, does any one have any experience they can share or potentially anyone that might like to potentially do this type deal?
I see that you’re from San Diego California so I don’t really know if you understand and have a clear understanding of the coppers cove.
But do understand the coppers cove market is vastly different than California market and that property seems like not a deal.
Mind you I don’t know all the numbers but do understand the coppers cove market they can take you three are for six months to sell a property on market in the market here is starting to cool.
I have rental properties both in Copperas Cove in Kaline so if you want to talk more in depth let me know.