Single-family residence fix & flip investment in Rio Rancho, NM.

[Robb Krautbauer]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $175,000
Cash invested: $35,000
Sale price: $278,000

Move in ready, new carpet, appliances, fixtures, ceiling fans, interior paint. This home has a great floor plan featuring a large living area, 3 bedrooms and 2.5 bathrooms with an attached 2-car garage. Refrigerated AC is a plus! Great location, close to schools, parks.

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

Great location!

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

This was a deal that was brought to me by one of my partners. It was that was bought

How did you finance this deal?

Hard money and private lender funds.

What was the outcome?

This was one of my most profitable fix and flips, bought it right and sold it in a hot sellers market. Sold for 35k over the list price.