Updated almost 4 years ago on .
Long term home renovation to high end flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $260,000
Cash invested: $120,000
Sale price: $560,000
This was a long term residence, which I eventually "flipped" by doing a complete renovation.
Lessons learned? Challenges?
The biggest challenges were changing my thinking to see my long-time home as an investment rather than a place my family grew up. Once I was able to move past those connections, I struggled with finding good contractors. I'm incredibly grateful for all the opportunities for learning and growth this property gave me.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
The selling agent was Ashley Boughner, and I will continue to recommend her to anyone looking to buy or sell. She is so wonderful to work with, and absolutely got us the best possible result.
