Fix & Flip Jacksonville. Need a Partner to go 50/50 With.
Hey BP,
I found a property in Jacksonville that has great numbers for a flip. I have run them in the BP Fix & Flip tool and it looks great. I verified ARV/Comps with @kevinkwiatek who is a realtor out there and who I highly recommend to anyone looking to invest in Jacksonville. I am working on finding a contractor out there to verify my rehab estimates/do the work and then I will just need a partner who is willing to go 50/50 with me on the property price and rehab costs. Send me a message and we can go over the numbers together. As a preview it looks like total purchase and rehab cost is $107,500 and minimum ARV is $124,400 but could be up to $140,000. That puts profits at about $12,000 ($6,000/ea.) after closing costs and estimated turnover time would be 2-3 months.
I look forward to hearing from you all!
-Christian