Howell Michigan fix and flip

[Donovan Clock]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $80,000
Cash invested: $95,000
Sale price: $272,000

Contributors:
Alexis Gross

Biggest renovation we have done so far. Everything was redone at this property besides the foundation, framing and septic. We also finished the basement that was completely empty before.

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

Potential profit

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

Off market and offered them what both parties believed was fair market value.

How did you finance this deal?

Private money

How did you add value to the deal?

Renovating the entire house

What was the outcome?

Successful flip

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

Alexis Gross with coldwell banker town and country real estate