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Updated over 2 years ago,
Atlanta suburbs flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $150,000
Cash invested: $230,000
Flip home one story addition to brick house 850sqft addition
What made you interested in investing in this type of deal?
The main reason of interest is the opportunity to gain capital in the flip to filter over to my rental purchase budget!
How did you find this deal and how did you negotiate it?
Found it through a wholesaler negotiated with PM to get a fair price
How did you finance this deal?
Hard money lending
How did you add value to the deal?
One story addition to match local comps in the area
What was the outcome?
Still ongoing
Lessons learned? Challenges?
Managing contractors and city officials to obtain permits