Newbies post your deals that you have under contract

Let’s see who’s been dealing and who has’nt

Heres my deals this week.

1).Houses 3br/2ba contract price 31k,comps come in at 110k,needs 30k in repairs,I’ll double close for 41k

2).House 4br/2ba with 12 acres,needs only minor cosmetics(3-5k) contract price 135k,comps come in at 200k,i’ll double close and sell for 175k.

3).House and Mobile home on 2 1/2 acres,contract price 50k,house needs finishing inside(mobile home is in great condition) 30k in repairs for the house,comps come in at 120k ARV,i’ll double close for 70k.

I have tried to do the double close, but I run into alot of people that don’t know what it is and can not work with me. What contracts do you use?


Exactly who are these ones(their title)?

2Br / 1Ba Craftsman style home in an area that is becoming trendy.

Comps at $408K
Purchase Price $260K
Actual Renovation budget $30K
Sale Price I’m thinking about $360, so a net profit of $43200 after agent comission of 3%.
All carrying costs are built into the HML.

Since we actually rehab our own houses and then flip, that’s our only deal right now.