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Updated over 2 years ago,

User Stats

15
Posts
8
Votes
Lindsey Van
Agent
  • Real Estate Agent
  • Park City, UT
8
Votes |
15
Posts

Condo Remodel - FSBO

Lindsey Van
Agent
  • Real Estate Agent
  • Park City, UT
Posted

Investment Info:

Condo fix & flip investment.

Purchase price: $475,000
Cash invested: $50,000

Bought it in June. Going to see in September probably around $600k. Full remodel

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

Got a very good deal on a FSBO

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

I was looking for this exact condo and a lady called to list it, but I bought it FSBO over the phone.

How did you finance this deal?

Conventional loan

How did you add value to the deal?

Full remodel

What was the outcome?

I will see soon.

Lessons learned? Challenges?

Finding contractors is not easy. I learned to do a lot myself.

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

I am an agent.

  • Lindsey Van