Most recent flip in Surprise, AZ

[Brett Tvenge]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $305,000
Cash invested: $13,000
Sale price: $379,900

305k purchase price
4k closing cost
4k holding cost
13k remodel
13k closing cost on sale

380-339k = 41k profit

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

This is what we do...

How did you find this deal and how did you negotiate it?

Wholesaler

How did you finance this deal?

10% down, HML

How did you add value to the deal?

Spruced it up, new carpet, new interior paint, new countertops, painted cabinets

What was the outcome?

Made some money

Lessons learned? Challenges?

0

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

I'm the agent on the sell... used are normal wholesaler, contractor, and HML