Margate Rehab and REnt

[Cindi Dixon]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $150,000
Cash invested: $25,000
Sale price: $250,000

Lucrative rental and profitable sale

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

Single Family waterfront home in resort style community, heart of Broward County

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

Off market

How did you finance this deal?

Cash

How did you add value to the deal?

Rehabbed

What was the outcome?

Profitable sale after successful rental income stream

Lessons learned? Challenges?

Held through recession and did very well

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

No