Flip #2 - Belfast Flip

NET PROFIT: $25,247
 

PRICE

REHAB

ARV

PROJECTED

$60,000

$30,000

$130,000

ACTUAL

$60,000

$39,111

$141,000

PROPERTY DETAILS

Bedroom Count: 3

Bathroom Count: 1

Heated Living Area: 1,050 sq ft

Foundation Type: Crawlspace

PURCHASE DATE

Sep 24, 2020

S

CLOSE DATE

Jan 8, 2021

 

SOURCE OF DEAL

Wholesaler

A

FUNDING SOURCE

Hard Money

 

September 2020

What do you get when you combine a great wholesaler, an easy to work with hard money lender, and a rent ready house with good bones? A great deal! It needs a new roof and the interior needs to be brought into the 21st century (as do the awful window and patio overhangs), but with some lipstick this is going to make for a beautiful finished product!

Before Pictures

January 2021

What do you get when you combine a great wholesaler, an easy to work with hard money lender, and a rent ready house with good bones? A great deal! It needs a new roof and the interior needs to be brought into the 21st century (as do the awful window and patio overhangs), but with some lipstick this is going to make for a beautiful finished product!

After Pictures

Belfast Blog

(612) 708-5360   |   patrick@investdgp.com   |   Charlotte, North Carolina, United States

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