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Updated about 3 years ago on .

Alec Anderson's profile image
Alec Anderson's profile image
Alec Anderson
  • Investor
  • from Chattanooga, TN
  • Member since May 11, 2015
  • Posts 82
  • Votes 25
  • Experience 9 Yrs
  • Investments 45
Connect

User Stats

82
Posts
25
Votes
Alec Anderson's profile image
Alec Anderson's profile image
Alec Anderson
  • Investor
  • from Chattanooga, TN
  • Member since May 11, 2015
  • Posts 82
  • Votes 25
  • Experience 9 Yrs
  • Investments 45
Connect
Alec Anderson
  • Investor
  • Chattanooga, TN
25
Votes |
82
Posts
Real Estate Deal Analysis & Advice

Ringgold fix and flip

Alec Anderson
  • Investor
  • Chattanooga, TN
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $59,000
Cash invested: $70,000
Sale price: $172,500

I had a sign in a property I was flipping and a wholesaler called me from it, with this deal. This one ended up having a lot of unforeseen expenses pop up but we still did alright on it.

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