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Updated about 2 years ago on . Most recent reply
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Off-Market Distressed Property DEAL
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $138,000
Cash invested: $100,000
Sale price: $375,000
My team and I found this partially fire damaged flip in a highly desirable neighborhood! This property was partially fire damaged from a fire next door with the majority of the property needing only cosmetic repairs and cleanup.
What made you interested in investing in this type of deal?
Distressed, off-market, discounted property
How did you find this deal and how did you negotiate it?
Off-market property lead by my marketing team helped us get in contact directly with the seller
How did you finance this deal?
Cash
How did you add value to the deal?
Finding the property and purchasing at 63% discount price
What was the outcome?
Flip
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