1914 Saint Paul SFR

[Robert Dacus]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $15,000
Cash invested: $5,000
Sale price: $50,000

Purchased the house because it had a double lot and was going to add parking. Cleaned out the interior. Decided to relist it and sold it to another investor.

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

location and double lot, a rarity in the Slopes

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

Hubzu auction

How did you finance this deal?

Credit Card

How did you add value to the deal?

Cleaned it out and had architectural drawings of what it could be.

What was the outcome?

Profitable