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Updated over 1 year ago on . Most recent reply

User Stats

20
Posts
7
Votes
Luis Arevalo
  • Flipper/Rehabber
  • Grand Junction, CO
7
Votes |
20
Posts

Would you buy this fix and flip?

Luis Arevalo
  • Flipper/Rehabber
  • Grand Junction, CO
Posted

Hey everyone! Looking to pick at some big brains in here.

I’m a newer investor in the western slope area of Colorado. I’m working on getting this property under contract so I can offer it to my investors (I don’t have the capital to rehab it myself) however I’d like a second opinion on my numbers to make sure I’m offering a great deal to them. I’ve personally have never done a fix and flip so I’m making sure I’m not missing anything important.

Any tips or ideas would be incredibly appreciated. Thank you! Here is the link for it.

https://dealcheck.io/s/-NkG99mC96Dahz1Epi40

Most Popular Reply

User Stats

58
Posts
51
Votes
Charles East
  • Rental Property Investor
  • Augusta, GA
51
Votes |
58
Posts
Charles East
  • Rental Property Investor
  • Augusta, GA
Replied

Listing says gutted interior so $17k reno cost is probably off by a factor of 3-5x.

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