Here are a few properties I have seen that should be profitable.
MLS #: 794509
List Price: $199000
Offer Price: $199000
Concessions: $4,500 Seller Paid Closing Costs
Notes: Less than $100 per sq. foot on a newer home in WJ. Can't beat that
Objective: Fix and Flip, Rental
MLS #: 794186
List Price: $199900
Offer Price: $195900
Concessions: $3,500 Seller Paid Closing Costs
Notes: Home is located in a good subdivision, comps out at over 215k.
Objective: Fix and Flip
MLS #: 793016
List Price: $174900
Offer Price: $176856
Concessions: $5,000 Seller Paid Closing Costs
Notes: House is located in an all multi-unit neighborhood. Rents should be able to cover mortgage payment and cashflow a few hundred bucks, and there is enough equity to try and flip it. Comps at 190-215k
Objective: Fix and Flip, Rental
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