Fix and Flip SFR in Palm Beach County

[Mike Haworth]

Investment Info:

Single-family residence fix & flip investment in Garden Grove.

Purchase price: $195,000
Cash invested: $75,000
Sale price: $400,000

Vacant, dilapidated, pre-foreclosed house, and the heir lived in Texas. Negotiated with the bank, city code infractions, and owner to purchase the property. Cleaned and remodeled the property, then sold to a partner/investor. Biggest challenge was the cost of materials and delayed delivery times. Deal benefited everyone involved.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Contractor - Iconik Construction and Design
Realtor - Mike Haworth  Kustom Properties Group