Fix & Flip in Oak Ridge

[Cassidy Melhorn]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $65,000
Cash invested: $125,000
Sale price: $325,000

Single Family Flip

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

I'm always buying these

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

Someone reached out with the deal and I paid them $$$ for the referral

How did you finance this deal?

Used my own money

How did you add value to the deal?

Renovation

What was the outcome?

It turned out nice

Lessons learned? Challenges?

Reconfiguring floor plans costs time and money, so why do it

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

Realtor Victoria Melhorn