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29
Posts
19
Votes
Troy Jaster
  • Real Estate Agent
  • San Antonio, TX
19
Votes |
29
Posts

Best flip so far, almost $40k profit

Troy Jaster
  • Real Estate Agent
  • San Antonio, TX
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $205,000
Cash invested: $30,000
Sale price: $278,000

Purchased this as a fix and flip. Used owner financing while we rehabbed it. $5k down to the owner, no points, no interest, just had to give her money back within 90 days. Rehab cost was about $25k.