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Rehabbing & House Flipping

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50
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6
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Joe Zhang
  • Real Estate Investor
  • Austin, TX
6
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50
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First flip done in Austin Texas

Joe Zhang
  • Real Estate Investor
  • Austin, TX
Posted May 20 2014, 10:07

My first project in this new game and it turned out to be very successful:)

Property :

SFH : 3 beds 2 baths, 1385 sf built in 1969. Cash offer.

purchase price : $145,000

rehab cost : $41,000

ROI = 32.5%

Milestones:

1/21/2014 purchasing

4/16/2014 listing

4/21/2014 pending

5/16/2014 closing & funding

Before

work in progress

After

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