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Updated about 2 years ago on . Most recent reply
Brick Home Renovation
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $127,500
Cash invested: $97,000
Sale price: $279,000
Brick home on 2 acres with in-ground pool flipped and sold in a few months
How did you find this deal and how did you negotiate it?
We found the deal on facebook, and i had my wife who is also my real estate agent negotiate the deal
How did you finance this deal?
Local bank
How did you add value to the deal?
By renovating the house and cleaning up the property.
new water piping and electrical, insulation, sheetrock, & roof. lighting cabinets and plumbing fixtures. Flooring throughout, tile master shower, appliances & interior/exterior paint.
What was the outcome?
Made a profitable sale
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes, Madeline Phillips with Premiere Property Group in livingston tx.