First flip in the books (Rocklin CA)

[Jonathan Julian]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $315,000
Cash invested: $100,000

On market now for 599777.

Home was acquired through direct mail campaign. Home had major work/clean up needed. Owner behind 75k in property taxes.

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

Direct mail.

How did you finance this deal?

Hard Money

How did you add value to the deal?

Clean out, clean up, tasteful improvements

What was the outcome?

Soft offers up to 650k

Lessons learned? Challenges?

No partners

Short progress/before and after video

https://youtu.be/KuE9hIkaD-A