Buy, Rehab & Air BNB turned Fix & Flip

[Jarod Dural]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $465,000
Cash invested: $75,000

Pending sale $465K Purchase price which included a $15K seller concession, invested $75K in renovations, we enjoyed the home after renovations were completed for a summer, and listed for $695K

We are currently in contract significantly above asking price, I will post further details after it closes.

Great potential monthly income from STR/AIR BNB

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

it had fix & hold potential, while being able to use it seasonally

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

realtors

How did you finance this deal?

convenitonal financing

How did you add value to the deal?

remodel/rennovations

What was the outcome?

in contract, hopefully closing with a nice profit in the next few weeks

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

Yes, my mortgage company, and great realtors on both purchase & list side