First out-of-state flip

[Joshua B.]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $123,500
Sale price: $245,000

Bought sight unseen off-market. Didn't do any work. Listed on the MLS and sold a few days later.

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

Good price, California real estate

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

Online. No negotiation.

How did you finance this deal?

Cash

How did you add value to the deal?

I found it.

What was the outcome?

Great return.

Lessons learned? Challenges?

No risk, no reward.