Details on this Flip
This property is “Boulters Lock” in Columbia, South Carolina. We paid $130,000, put $50,000 into the rehab and the appraisal came in at $275,000. Generating $95,000 in equity. We refinanced and rented the home out. the monthly rent is $2,000 pays down the mortgage while continually increasing our equity allowing us to pull out more equity every few years. When we cash out a property, we disburse capital to our partners and purchase the next house. AFTER, DURING and BEFORE photos and videos are below.
