Tag Archives: Flip Property

Find, Fix, and Flip Property (5)

Instead of having a property at or below the median price for the neighborhood, we had a property that was now at the top end of prices for the neighborhood. We had one of the best properties in the neighborhood.

Find, Fix, and Flip Property (4)

We felt we were getting a great deal. We thought we would spend $20,000 on fixing it up and then sell the property for $190,000 to $195,000. We would get our $20,000 fix-up money back, plus make at least $40,000.

Find, Fix, and Flip Property (3)

We had the purchase price of $84,500, plus our fix-up cost of $2,200 in the property for a total of $86,700. We sold the property for $92,500 just 10 days after we had made our offer to the seller. We

Find, Fix, and Flip Property (2)

If our money partners didn’t approve of the deal, we had no deal. The seller accepted our offer with no counteroffer. To satisfy the consideration aspect of CoCa CoLa, we wrote a $500 promissory note to the seller. A promissory

Find, Fix, and Flip Property

We found a property that was a three-bedroom, two-bath, 1,900-square-feet, single-family residence in a good neighborhood. The owners were in the process of getting a divorce. They had moved out of the property in anticipation of foreclosure. The property was