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Updated over 6 years ago on . Most recent reply

John Williams's profile image
John Williams's profile image
John Williams
  • Real Estate Agent
  • from Marietta, GA
  • Member since Dec 5, 2018
  • Posts 25
  • Votes 8
  • Experience 26 Yrs
  • Investments 4
Connect

User Stats

25
Posts
8
Votes
John Williams's profile image
John Williams's profile image
John Williams
  • Real Estate Agent
  • from Marietta, GA
  • Member since Dec 5, 2018
  • Posts 25
  • Votes 8
  • Experience 26 Yrs
  • Investments 4
Connect
John Williams
  • Real Estate Agent
  • Marietta, GA
8
Votes |
25
Posts
Real Estate Deal Analysis & Advice

Split Level Fix and Flip

John Williams
  • Real Estate Agent
  • Marietta, GA
Posted

Investment Info:

Single-family residence fix & flip investment in Dallas.

Purchase price: $82,500
Cash invested: $56,000
Sale price: $184,900

Negotiated seller financing, absorbed a troubled tenant situation and managed tenant out within 60 days using my property management company. Rehab project began immediately upon move out and completed exactly two months later. Property was listed on the FMLS 12/4/18 and under contract on 01/07/19 for $184,900.

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