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Updated over 9 years ago on . Most recent reply

User Stats

788
Posts
640
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Rocky V.
  • Rental Property Investor
  • Arlington, TX
640
Votes |
788
Posts

3rd Flip of the Year Closed and Funded, net $36,634

Rocky V.
  • Rental Property Investor
  • Arlington, TX
Posted

$85,121 Purchase Price on 11/3/15 with Cash

$28,967 Rehab/Soft Cost

$157,900 Sales Price, under contract within 5 days of being on market

$150,722 Paid at Closing on 3/24/16

$36,634 Profit (I did have a Joint Venture Partner on this deal so we split profits 65/35, so my realized profit was approx. $24K)

Property is located just south of DFW in Alvarado, TX.  Here are pics:

You can view more pics at www.facebook.com/ibuyhousesin7days

On to the next!

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