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Updated over 8 years ago on . Most recent reply

User Stats

39
Posts
10
Votes
Brooks Everline
  • Specialist
  • Falling Waters, WV
10
Votes |
39
Posts

4 unit and 2 rehab flips in 5 months

Brooks Everline
  • Specialist
  • Falling Waters, WV
Posted

Bought my first quad in mid March with all 95% private money and the rest on a line of credit...two months later, after an intense dusk till dawn rehab and leasing process, I refinanced out my private lender and walked from the closing table with $6500 in my pocket. In addition to looking for new multi's daily, my partner and I have successfully put three rehab flip projects under contract in a very short time frame, one of which is complete and under contract at full asking...It's been a great 6 months with no let up in sight.

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