My second flip in Lewis county

[Israel Jimenez]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $148,500
Cash invested: $45,000
Sale price: $305,000

My 2nd flip

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

Bigger pockets podcast & money

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

Represented myself and found it on the mls

How did you finance this deal?

Life savings/ cash from my first flip

How did you add value to the deal?

I bought the house and managed the project

What was the outcome?

105k (before taxes)

Lessons learned? Challenges?

Buy your appliances and cabinets ahead of time. Waiting for these slowed my project down.

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

Israel A Jimenez ;)