quick flips - Posted by Todd

Posted by E.Eka on October 16, 2003 at 15:26:08:

You need to run the numbers or give us a little more info. Why not assign it to an investor and make $2000 to 5000 in the process?

quick flips - Posted by Todd

Posted by Todd on October 16, 2003 at 15:20:37:

I might be aquiring a property that is worth about 85,000. The seller will sell it to me for 68,000. Should I try to assign this to another investor or should I just leave it alone?

Re: quick flips - Posted by mikePA

Posted by mikePA on October 17, 2003 at 07:11:47:

Even if it needed no work, there’s not enough in it to cover the general 30% or ARV…

Re: quick flips - Posted by chris-atl

Posted by chris-atl on October 16, 2003 at 16:13:54:

If it needs work, it looks like there won’t be enough equity once you add in your fee for the rehabber.