Fix and Flip - Duplex advertised as a SFR

[Jose Ponce]

Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $275,000
Cash invested: $110,000
Sale price: $549,500

Victorian home , we kept most of its originality with some modern upgrades added to the restroom and kitchen.

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

Return on investment was excellent

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

Multiple Listing Services

How did you finance this deal?

Hard money

How did you add value to the deal?

Rehabbed both from and back home

What was the outcome?

Sold in less than 7 days

Lessons learned? Challenges?

Keep an eye for Mistakes some realtor make when advertising propertys.

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

represented myself on the sale .