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Updated almost 2 years ago, 02/12/2023
Chicago Heights- Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $125,000
Cash invested: $86,900
Sale price: $265,000
Brick split ranch with finished basement. Full remodel.
What made you interested in investing in this type of deal?
Location, lot size, brick
How did you find this deal and how did you negotiate it?
ClickInvest
How did you finance this deal?
Renovo
How did you add value to the deal?
Full rehab- added a bedroom to the basement, all new plumbing
What was the outcome?
Sold!
Lessons learned? Challenges?
Always double check the main mechanicals of the property. Double check with the village for any violations or open permits.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
ClickInvest and Renovo