3307 Wyndham - Alexandria, VA - "Subject To" Fix & Flip

[Ty Voyles]

Investment Info:

Condo fix & flip investment.

Purchase price: $273,000
Cash invested: $60,000
Sale price: $375,000

Purchased the property with a "subject to" agreement, did a cosmetic renovation, cleared outstanding condo dues, and resold the property.

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

This was our first "subject to" project. It was a quick fix and flip with solid ROI and really good cash on cash.