Updated over 8 years ago on . Most recent reply
Dallas Flip Opportunity
3bd/2ba, 2179 sqft on the border of the prestigious Sparkman Club Estates. My flips in the area have sold prior to going on the market.
This home was about to be listed at $340k, but seller's located a new home for purchase so needing quick cash. Roof was replaced in 2011, HVAC in 2006/2007, hardwood flooring installed in 2010.
Only negative about this property is the foundation is unlevel which has caused cosmetic cracks.
Sales price: $275k
Repairs: $40k or $55k - Depending on ARV you're pushing for (kitchen/bathroom upgrades, new flooring in kitchen/bathrooms, foundation, drywall repair, paint/trim, landscaping)
ARV: $410k or $430k (depending on finish outs)
Profit (w/ closing costs/realtor fees): $68.5k
Send me an e-mail if interested.
*CASH or HML ONLY*