South Carolina house flip

[Joel Pavelis]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $115,000
Cash invested: $47,000
Sale price: $225,000

Single family flip in developing area of North Charleston. Full cosmetic flip resulting in great profit for less than 3 months of work.

How did you finance this deal?

Hard money loan

Lessons learned? Challenges?

Managing a project from out of state can be tricky and the key is finding the right contractor and real estate agent!