+$100k in profit! Luck or good eye?
A real estate investor came to me needing fast financing on a property we projected at $40K profit in Montgomery. Nothing fancy, just a solid deal I expected to close in about 2 weeks. Then the appraisal came back. 🏠 Purchase Price: $142,000 🔨 Rehab Budget: $62,115 📈 After Repair Value (ARV): $329,000 💵 Down Payment: $20,111 Total investment: $204,000 Built-in equity: $120,000 My client put down just over $20K and walked away with over $100K in equity!! Can't wait for more gems like this one!!