First fliped house

[Christopher P Shahhein]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $290,000
Cash invested: $120,000

3 bedroom one and a half bath. This was my wife's and my first rehab and we very excited to start our next project.

What made you interested in investing in this type of deal?

The house had lots of potential

How did you find this deal and how did you negotiate it?

Via are agent.

How did you finance this deal?

203kb loan

How did you add value to the deal?

complete rehab

What was the outcome?

We are holding it with plans to rent it out.

Lessons learned? Challenges?

get the next house for less money. Buy from wholesaler.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

yes