Northeast Baltimore Flip

[Timothy Hersh]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $110,000
Cash invested: $75,000
Sale price: $275,000

Took the existing 3 bedroom 2 bath house to a 4 bedroom 2 bath house by finishing the basement, updating the kitchen and bathrooms, installing AC, replacing roof etc. Basement finishing created a 4th bedroom, large living area and laundry room. Landscaping added enormous appeal to the exterior and painting the existing aluminum siding made a statement that this house was back to its former glory.