Flipping Opportunities Again

It's been many years since I've seen opportunities to purchase properties below market value. During the past several years the only upside was the rise in prices of properties.

However our first flip is in escrow and this property we were able to purchase under market value.

Purchase price: $940,000

Comps $1,100,000

Remodel Costs: $55,000

Time to remodel: 3 months

Listed: $1,299,000

Within 4 days we had 3 full price all cash offers!

43 E Yale Loop, Irvine