Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
Quickest Flip turn over. Super Smooth, Bought sight-unseen
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $195,000
Cash invested: $20,000
Sale price: $305,000
Quick Flip , 2 weeks rehab , Sold in 60 days
What made you interested in investing in this type of deal?
Looked like a no brainer, ( even though every one around were telling me not to do it)
How did you find this deal and how did you negotiate it?
through the company I work with (Direct Mail)
How did you finance this deal?
Private Lending
How did you add value to the deal?
Just updated a few cosmetics, New Counter, Appliances, Backsplash, Handles, Clean Bathroom and refurbished tub, < Paint inside outside , Landscape, Pressure wash fence and change all light fixtures.. .
What was the outcome?
Quick transaction and beautiful house.
Lessons learned? Challenges?
Be More patience on markets I don't typically invest an understand better their pace. Also Reall take a good look on Kitchen layout,, it can hurt you back ..
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Not really