First deal getting and Assignment at 725k for 1.05k home

4 Replies

This will be my first deal I found a seller who is willing to sell there home for the lowest 725k he’s very motivated because of medical issues and family. The houses on the same street are 1m to 1.2m in an golf course that the fees are 3300 a year. It’s a Unique home compared to The rest. I am getting a contract assignment and I have some cash buyers I’m looking to flip it for 800-850 the home is beautiful with a infinity pool and an open layout.

careful on real high end.. if 1 mil is about the median for the area that's one thing but if your talking about property in the top 5% of all sales then that market can be quite fickle.