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Recently Completed Flip
I wanted to share photographs of our recent flip. We did the renovation in 14 days and currently have it listed for sale. We encountered a few challenges during this flip such as a leak coming from the Unit above. The leak was due to a failed seal around the toilet. Luckily there was only some ceiling damage and we were able to perform quick restoration work.
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New comment 21d ago
Recently Completed Flip
Flip Update:
PREA Army, I closed on this flip in Richmond with 90% creative financing and using 10% of my own funds, took possession in May 17th 2024 and happy to say we have completed the renovations in 13 business days and listing this tomorrow June 10th, 2024. Attached before and after pictures. My biggest hurdle on this one was financing, as I was hitting roadblock with banks due to my high TDS ratio with a primary residence mortgage, and had to go private mortgage route that added extra 15K to financing costs with extra legal fees for vendor, extra legal fees for your notary to verify private mortgage and get a legal opinion letter, high interest rate mortgage and mainly lender fees and broker fees if around 2% taken form your mortgage proceeds. If you guys would like to JV on my next one in Lower Mainland and bring the mortgage eligibility with A lender, or if you have cash in your HELOC for purchase, provide partial or full Downpayment funds, hit me up in Facebook or send me a text at 6046262273, let us have a conversation. Seeking Win-Win partnership and make some nice profits together! Thanks to all my coaches, this amazing community and members, and my power team, my awesome trades team, in helping with every step of the way on this project. Shoutout to @Jas Chahal my realtor who is phenomenal to work with, @Bhaj Takhar @Aman Gill @Sukhman Thind @Rick Suh , you have all given me your valuable time with inviting me to your flips to learn in real-time, answer my questions via Facebook DM’s or phone calls! Special thanks to @Pedro Bello coach for having my back at all times and coming out to see the property after renovations and give your valuable feedback! Cheers, Kash
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New comment Jul 3
Flip Update:
Congrats to Vick, he made $70,000+ on his last flip!
He just has completed another flip in Ontario! We get so excited to see our students succeed all across Canada - keep it up and please share your own stories! Purchase price: $283,000.00 Reno Cost: $30,000.00 Selling Price: 399,900.00 Other Costs: $15,000.00 Profit: $71,900.00
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New comment Jun 5
Congrats to Vick, he made $70,000+ on his last flip!
Pictures !
Pictures for my finished flip. For those who hasn't seen my listing. Super proud of how it all turned out.
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New comment May 30
Pictures !
Flipping progress
Went to our flip yesterday, meeting up with trades. A little overwhelming. I’m not going to lie, we loved it. Kelly and I learning a lot for the next flip. Very exciting. We love getting those brain juices going!
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New comment May 30
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