1 month flip in Tacoma

[Naomi Gallivan]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $190,000
Cash invested: $60,000

Planning on closing and listing on September 1st for $370,000

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

Time and price

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

Estate sale agent

How did you finance this deal?

Hard money

How did you add value to the deal?

Gutted and fully remodeled.

What was the outcome?

Construction is just now starting

Lessons learned? Challenges?

Buy at the right price and leaves lots of room for potential set backs

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

Myself and Tim Fischer