Updated over 5 years ago on . Most recent reply
What Profits Are Expected From This Flip?
Buy at: $190,000
After Repair Value: $285,000
Repairs: $9,050 but use $10,000
Closing Costs on purch. w/ DP of $10,000: $14,500
Holding Costs(4 months mortgage @2.5% + bills): $5,800
All repairs will be done by me and a couple family members. Lets say I sell at $275,000, what profit would I be looking at? Worth it?
Thanks in advance.



