Oviedo RockNBrews flip

[Bill Muchow]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $210,000
Cash invested: $60,000
Sale price: $415,000

Found on the MLS by luck, tax records showed a 4/2, there was an upstairs loft that was opened up, making the property a 3/2. Simply made it another bedroom, gutted kitchen, bathrooms, replumbed (poly-bute pipes suck), refinished pool surface, LVP on all flooring and repainted. Contractor was in and out in 3 weeks, 1 week on market and out with a solid profit.

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

Potential for a solid return

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

MLS, negotiated with agent, all cash

How did you finance this deal?

All cash, personal