A recently rehabbed condo in Las Vegas, purchased for $200,000 (net $195,000 after credit) and with less than $5,000 in additional rehab, is expected to sell for $245,000.
Robert Adams predicts he will sell a recently acquired condo for $245,000 after investing less than $5,000 in repairs. He purchased the property for $195,000.
"I could spend less than 5 grand on this place tighten it up and then relist it and get way more than what they're selling it for... I did the full rehab tightened up everything for the 5 grand credit that they gave me and now I have it relisted at 245."