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Updated over 6 years ago on . Most recent reply

User Stats

305
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361
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Keith Jourdan
  • Property Manager
  • Metro Detroit, MI
361
Votes |
305
Posts

17k profit on a joint venture flip Southfield Michigan

Keith Jourdan
  • Property Manager
  • Metro Detroit, MI
Posted

A fellow BP member contacted me looking for a partner to help rehab and sell his personal home. He had some decent equity, but house needed a major refresh. We came to terms and I spent around $27k on the rehab. New bathrooms/kitchen/paint/lights/all the major flip type rehab.

My profit was $17k after everything was said and done.

A lot of opportunity in networking on here guys!

Here are some before and after pics of rehab.

Here is zillow link with the rest of the pics.

https://www.zillow.com/homedetails/25518-Parsons-Dr-Southfield-MI-48075/24601562_zpid/

  • Keith Jourdan
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