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Updated almost 2 years ago,
Chicago Prinston Park Fix and Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $169,000
Cash invested: $62,979
5 Bedroom 3 full bathrooms. Brick. 2 story with finished basement.
What made you interested in investing in this type of deal?
Foreclosure, almost completed. Location
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
Finance of America
How did you add value to the deal?
Finished the rehab
What was the outcome?
For Sale
Lessons learned? Challenges?
Don't buy almost finished rehabs. Ran into a lot of problems of previous contractors cutting corners.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Finance of America