Second Flip - DONE! With Before & After Pics!
Hi Everyone!
So my partner and I just completed our second flip! (I posted about the first here: https://www.biggerpockets.com/forums/223/topics/617056-very-first-flip-complete )
Another single family house in the suburbs outside of Boston. 3 beds 1.5 baths 1,900 sqft. I have to say - the second one (for a few different reasons) was much much easier. Mostly due to this one being a little less scope, hiring better contractors, and of course the experience of having one under the belt.
Take a look at the pictures and let me know what you guys think!
And if you're reading this and have ever felt discouraged - DON'T GIVE UP! Your deal will come! It took my partner and I months & months of searching & getting rejected before we finally found this deal. If you're looking for a sign to keep going - this is your sign!!!
And of course - Thank You to everyone who participates in this awesome community! I can't tell you all how helpful these forums have been to me as a resource, so thank you all for contributing!
Purchase Price: $177,000 (was listed on MLS)
Rehab: $95,000
Sale Price: $344,500
Commission (4.5%): $15,500
Profit: $57,500
ROI: 21%
If anyone has any questions feel free to ask!
And if there are any wholesalers reading this in the MA/NH area - send me a message! Let's connect!
Most Popular Reply
@Steven Rubino This looks incredible, Great Job! My Partner and I are searching (and searching and searching) for our first. Your post has inspired me once again and reminded me not to give up! I checked out the link to your first flip, that too looks great! Congrats and Keep up the Great Work!