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Updated over 2 years ago on . Most recent reply

User Stats

11
Posts
13
Votes
Robb Krautbauer
  • Real Estate Consultant
  • Rio Rancho, NM
13
Votes |
11
Posts

Townhouse residence fix & flip investment

Robb Krautbauer
  • Real Estate Consultant
  • Rio Rancho, NM
Posted

Investment Info:

Townhouse fix & flip investment.

Purchase price: $130,000
Cash invested: $15,000

This one will go fast! Rehab complete**New interior paint, new flooring, new appliances, new fixtures. 2 Bedrooms**2 Full Baths**Family Room**Open Kitchen**Service Room**1 Car Garage**Low Maintenance Front Yard**Walk-in Closets**Ceiling Fans**

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

Good home for 1st time homebuyers

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

Online aution

How did you finance this deal?

Hard money and private lender funds.

How did you add value to the deal?

Even though the house was relatively new (2007), squatters lived in the house for almost two years, turned an ugly house (inside) to a very nice house for any 1st time home buyer,

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