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Updated almost 14 years ago on . Most recent reply

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71
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2
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Jeff L.
  • Homeowner
  • California
2
Votes |
71
Posts

how good is this flip deal ?

Jeff L.
  • Homeowner
  • California
Posted

flip, Purchase price $140k, resell range $220 to $300k. need to spend $15k to fix up.

Is this a deal? I am new to the game.

Most Popular Reply

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17,995
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J Scott
  • Investor
  • Sarasota, FL
17,199
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17,995
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

If those numbers are accurate, it's a great deal.,.

In fact, it's so good of a deal (potentially $120K profit on a $300K sale), I'd be skeptical those numbers were accurate.

But again, if they are, looks great!

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