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Updated over 7 years ago on . Most recent reply

First Flip!!! I close this Monday
I close on my first flip this Monday. I have spent the last three months walking homes and submitting offers. I have learned some much and feel that I will be successful. I purchased a house flipping spread sheet and have run the numbers a thousand times. I know that I will run into issues and problems that will hurt my budget.... I am so excited and ready to get started.
The house.
Purchased 125k foreclosed. 3/2 1720 sq ft in Canton, ga.
budget for repairs 25k (kitchen, baths, floors, paint both interior and exterior).
List price 195k
Most Popular Reply

I closed on Monday!!! Tuesday I removed carpet, tile and kitchen cabinets. Wednesday removed more tile, hardwoods and drywall with mold. Thursday more tile removal and plywood on the floors to make it all one leveled floor. Friday cleaned up and remove floor in master bath. I add so pics soon.