Updated over 12 years ago on . Most recent reply
Potential Flip Deal in Sacramento
I know of a good deal here in the Sacramento area, I don't have this kind of capital yet and my investors don't either or have their funds tied up in other projects and can't cover purchase & rehab price
$600k purchase price
$70k rehab conservative (full rehab & roof - no additions) over 3,000 sq ft.
$850k ARV (currently - prices are increasing here steadily)
$68k - approx sales & holding costs - majority paid through resale
Profit - $112,000 est
ROI - 16.75% est
Contact me if interested