Fix & Flip Completed, keep it rolling!

Fix & Flip Completed, keep it rolling!

Ryan SaullePro Member
Flipper/Rehabber · Rahway, NJ · Member since 2017 · 137 posts · 123 votes

Hello BiggerPockets!

Another Fix & Flip completed out in Union, NJ.

This project was a success despite having an issue with a contractor (always learning).

Thank you to my team & the BP community, let's keep on going in 2019!

@Michael Lee @Ronny Tiburcio

Take a look at the before and after pics and let us know what you think:

https://drive.google.com/drive/folders/1--1F4KGUAcH14i0Ua9vFWye8hm6udMOQ

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Alex BekezaBusiness Member
Lender · Los Angeles, CA · Member since 2018 · 2k+ posts · 1k+ votes
7y

@Ryan Saulle Property looks beautiful but let's give the people what they want.... THE NUMBERS! 

How did the purchase price vs. rehab costs vs. ARV look and how did you finance the property? what were the terms?

How did you get it under contract and how did you source the deal?

Again, place looks great!

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  • Alex BekezaBusiness Member
    Lender · Los Angeles, CA · Member since 2018 · 2k+ posts · 1k+ votes
    7y

    @Ryan Saulle Property looks beautiful but let's give the people what they want.... THE NUMBERS! 

    How did the purchase price vs. rehab costs vs. ARV look and how did you finance the property? what were the terms?

    How did you get it under contract and how did you source the deal?

    Again, place looks great!

  • Kingsland, TX · Member since 2018 · 164 posts · 86 votes
    7y

    @Ryan Saulle, wow it looks amazing! I love how much brighter it is!

  • Ryan SaullePro Member
    OP
    Flipper/Rehabber · Rahway, NJ · Member since 2017 · 137 posts · 123 votes
    7y

    @Account Closed Thank you!

    @Alex Bekeza ha, thank you! We found this one with direct mail. The purchase price was 190K, rehab, 75K, sold for 365K. We financed the deal with a mixture of company capital & private money @ 10% with a balloon payment upon sale.

  • Specialist · Member since 2019 · 494 posts · 220 votes
    7y

    @Ryan Saulle What type of list did you mail to? Did you have other leads come through as well?

  • Specialist · Carlsbad, CA · Member since 2018 · 1k+ posts · 638 votes
    7y

    Property looks amazing! Good job @Ryan Saulle

  • Ryan SaullePro Member
    OP
    Flipper/Rehabber · Rahway, NJ · Member since 2017 · 137 posts · 123 votes
    7y

    @May Emery This one came from a driving for dollars list and yes, always have leads coming in from these lists. 

    @Ehsan Rishat Thank you!

  • Baton Rouge, LA · Member since 2014 · 58 posts · 25 votes
    6y

    Fantastic Job!!

    Question..

    I'm struggling to get leads in my area; we dont have a team that generates so we have to rely on wholesalers. Is there a faster way to get leads coming in? We dont have a big team to handle too many flips at once. 

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