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Updated about 3 years ago on .
![Kyle Kissane's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1464950/1651432273-avatar-kylek203.jpg?twic=v1/output=image/crop=776x776@72x0/cover=128x128&v=2)
6750 S Tripp Ave AKA the First Flip!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $115,000
Cash invested: $25,000
Sale price: $228,000
First Fix and Flip using a hard money lender.. a nail biter and a great lesson
What made you interested in investing in this type of deal?
Always been a dream to fix a distressed property for a profit.
How did you find this deal and how did you negotiate it?
Off market opportunity found through networking
How did you finance this deal?
Hard Money
How did you add value to the deal?
Cosmetic Renovations
What was the outcome?
Profit and learning lessons
Lessons learned? Challenges?
When using a hard money lender time is of the essence!