Nashville Condo flip in 2022

[Brian Mullins]

Investment Info:

Condo fix & flip investment.

Purchase price: $130,000
Cash invested: $50,000
Sale price: $275,000

Getting property ready to sell in spring of 2022 after all repairs and updates

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

own several close by

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

owner abandoned home & codes letters on door

How did you finance this deal?

Civic Financial doing loan and most fix up loan

How did you add value to the deal?

sub contracting work and being on site as needed

What was the outcome?

in process

Lessons learned? Challenges?

So Far... when you gut a home take off sheet rock and remove floors and leave windows open in a multi family townhouse it really makes neighbors homes colder

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

I am agent owner and have used Civic Financial on a few recent deals, then either sell or flip to long term financing. they are quick and helpful on doing investor deals.