Updated over 5 years ago on .
My Second Investment (Fix and Flip)
Brag post ahead. This is my second deal I have done. The first being a value add long-term buy and hold. This second property that is a massive 3,760 4-bedroom 2.5 bathroom single family home that I recently purchased for $180,000. My total construction cost is estimated to be $140,000 and I estimate it will take approximately 4 months to complete and 2-3 months to sell. This will bring my total investment in the property to somewhere around $332,000. The ARV is approximately $440,000 and after closing cost my profit should be around $68,000. Onto the next one...