SF Flip in St. Petersburg, FL

[Kaleb Williams]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $168,000
Cash invested: $40,000
Sale price: $289,000

I work at New Western which is a nationwide real estate acquisition firm that locates off market property for investors. I bought this deal through my company and had a relationship with a reliable contractor that I met through an investor client of mine that I sold a couple of flips through. Process was pretty seamless as it was purely a cosmetic flip in an affordable yet highly desirable area. It was a great learning experience and my team is gearing up to do two more deals this quarter!