Single Family Flip in the Lehigh Valley PA

[Steve Hollander]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $25,000
Cash invested: $60,000
Sale price: $170,000

Complete redo.

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

The potential profit.

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

I was renovating a townhome and my neighbor told me about it.

How did you finance this deal?

Cash

How did you add value to the deal?

Doing the work and listing it.

What was the outcome?

Large profit.

Lessons learned? Challenges?

Buying privately typically makes better deals.

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

No, I was the agent.