Real deal · Real numbers
How a Northern Virginia hoarder house became a $115K wholetail flip — without renovating a thing.
Most investors would walk past a hoarder house. The numbers told a different story. We bought it for $210K, paid $5K for a cleanout, and sold it as-is one month later for $349K. Freddie scored it 100/100. The next investor — a flipper who bought it from us — did the full renovation you see in the after photo and made money on the other side. That's the wholetail play.
We sold the property in as-is condition after the cleanout for $349K. The renovation pictured was completed by the buyer who purchased it from us. The $115,050 profit reflects our wholetail exit, not the renovation work.
The Numbers (Wholetail Exit)
Purchase
$210,000
Cleanout cost
$5,000
Sale price
$349,000
Hold time
1 month
Strategy
Wholetail
Net profit
$115,050
100
Freddie Score
Strong Deal
What is wholetail?
Wholetail is the play between wholesaling and full flipping. You buy distressed, do little or no renovation, and resell as-is to a flipper or owner-occupant who wants the project. Less risk, less time, less capital tied up. The next operator gets a real project to work. Both sides win.