Southwest Detroit Quick Flip
Project: 5849 Baker - Southwest Detroit
Purchase: $60,000
Rehab: $0
Sale: $81,000
Timeframe: 36 days
ROI: 35%
IRR: 2,457% (annualized)
Strategy: Arbitrage via Wholetail flip
“Winding my way down on Baker Street...”
In September 2018, we picked up this off-market single-family home on Baker Street from a seller who needed speed and certainty. We made a direct cash offer, closed fast, and took possession of a house that was already in solid shape.
There was no need for renovations or drama. We immediately listed the property and within just a few weeks, we had a buyer in place. The entire turnaround—from purchase to resale closing—was 36 days.
The result? Seller walked with what they needed. Buyer got a clean deal on a move-in ready home. We cleared $21,000 profit on a $60,000 acquisition.
A rare, fast win-win-win. Sometimes everything lines up just right...even on Baker Street.