2nd flip in Marietta GA

[Nicole Harrington]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $212,000
Cash invested: $212,000

Flipping, 3 bed 1 bath just under 1000 sqft. Reno includes Plumbing repair bathroom gutting, exterior wall replacement due to rotting, and a new floor in the kitchen and laundry room. Lucky there is nice hardwood floors throughout the rest of the home. Painting everything, interior, and exterior. Yard clean up and sheds clean up. Scheduled time frame 6-8 weeks.

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

Location, scop of work, the lot and potential

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

Real estate friend's listing

How did you finance this deal?

Cash

How did you add value to the deal?

Renovations cleaning the yard curb appeal

What was the outcome?

don't know yet

Lessons learned? Challenges?

Having a great partner on-site to oversee the work being done is worth every penny.

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

Yupe I am one