Two investors break down a $344,000 property with $80,000-$100,000 in rehab costs that looks unprofitable as a flip. They show how combining two financing sources covers 100% of purchase and rehab with zero cash down, turning a thin-margin deal into a profitable hold instead of a risky sale.
You're getting it for $344,000, but at an $80,000 to $100,000 rehab, this thing almost doesn't even work at your number for a fix and flip. And this is very fascinating because this was an extremely profitable deal for you, but the numbers don't even work for a full-blown fix and flip.
A lot of flippers are banking on appreciation, right? They're like, well, maybe it'll go up over time. And we're, we're not going to do that because you're speculating now.
Okay. So you decide you're going to keep this one, which means now you have to purchase it. So now you're, you're looking at a $344,000 buy. You did a technique I teach, which I love that you did this, which is a combination of two different lending sources to get you to 100% financing. That way you're not out of pocket.
When you taught me that at Fast Track, I was like, what is he talking about?
It's a game changer, right?
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
