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Updated about 2 years ago, 11/01/2022
![Cody Petersen's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1896642/1645748822-avatar-codyp91.jpg?twic=v1/output=image/crop=1905x1905@0x0/cover=128x128&v=2)
KCMO Fix and Flip #1
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $85,000
Cash invested: $12,000
Sale price: $155,000
Bought this SFH with two other partners as a fix and flip. Purchased for $85k with about $25k rehab, all in at around $110k. Sold at $155k, minus commissions and fees we profited around $35k. This was our first attempt at a flip, we learned a lot and made a profit. I would say it was a success!
How did you find this deal and how did you negotiate it?
We found this deal from a wholesaler.
How did you finance this deal?
Hard money
How did you add value to the deal?
Cosmetic updates
![](https://bpimg.twic.pics/no_overlay/uploads/investment_image/image/89295/image.jpg?twic=v1/output=image/contain=666x500)