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Posted over 11 years ago

First Fix and Flip deal Under contract

I just got my first fix and flip pproject under cdontract !

the numbers purchase 56,000

repairs 50,000

Holding cost:5,000

Realtor costs: 6,000(I will be the listing agent half comes to me)

Clsong Costs: 2,000

ALl in : 119,000

ARv :180,000 (160,000 conservatively)

61,000 profit!


Comments (2)

  1. Congrats! How did you finance the deal?


  2. This weeks goal is to find 2 deals a day-7 days a week =14 deals a week I want to keep 2 for fix and flip and the other 12 wholesale!

    pleaase join this challenge comment  to join this challenge