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Updated almost 3 years ago on .

User Stats

5
Posts
2
Votes
Meka Cayce
  • Real Estate Broker
  • Kansas City, MO
2
Votes |
5
Posts

Amazing Renovation - Fix & Flip in Kansas City, MO

Meka Cayce
  • Real Estate Broker
  • Kansas City, MO
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $30,000
Cash invested: $175,000
Sale price: $299,000

This was a fix and flip that MOOD Homes did for a client. The client already had the house, but we did the layout and design, staging & listing! This is in an area that is up and coming and didn't have many comps. We managed to achieve one of the highest sales prices in the area!

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

This client already had this home in a not so great neighborhood. We took on the challenge and achieved great results. Now we have a comp in the area so that we can get revitalizing this area.

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

The client took care of the acquisition

How did you finance this deal?

The client did partial cash and partial hard money lending

How did you add value to the deal?

Running the comps in the area + adding on the additional work and design that was done to the home.

What was the outcome?

One of the highest comps in the area! Plus creating a market for other investors to come in and make a profit.

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

MOOD Homes did the layout and design, renovation, management, staging and listing! We are a one stop shop for investors looking to invest in the Kansas City market!