1st investment in South Florida

[Rod Sante]

Investment Info:

Condo fix & flip investment.

Purchase price: $29,000
Cash invested: $29,000

Foreclosure property in questionable shape..remodeled ..and hold it..in one of the hottest markets there's is..South Florida..30 min drive from.Miami

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

Long terms.

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

Lots of waiting visiting properties had a real estate broker friend

How did you finance this deal?

Cash

How did you add value to the deal?

I put sweat equity In it ..time did its own part

What was the outcome?

Holding it till 10 x

Lessons learned? Challenges?

Timing is hugely important

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

Lenders