QUICK flip in Memphis, TN

[James Wachob]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $250,000
Cash invested: $875
Sale price: $290,000

I help investor buy, renovate, and manage great properties like these in the Memphis area. With in-house property management our Real Estate Investment Brokerage offers EVERYTHING an investor needs to succeed.

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

1. Location 2. Motivation of the seller - ask me about this one...

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

Specific mailing campaign - ask me about this one!

How did you finance this deal?

Paid cash.

What was the outcome?

great little flip and a nice profit

Lessons learned? Challenges?

Be patient and listen to your clients. This seller had a specific motivation and we were able to solve their real estate problem.