2.5x Return on Preforeclosure Cash Off-market Acquisition

[Cindi Dixon]

Investment Info:

Single-family residence buy & hold investment.

Cash invested: $110,000
Sale price: $265,000

SFR blocks to stunning Jupiter beaches, Intracoastal, wetlands

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

Location, desirable large lot, sfr, blocks to the beaches, boat launches, Palm Beach

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

Off market referral

How did you finance this deal?

Cash

How did you add value to the deal?

Full remodel

What was the outcome?

Profitable annual rental, 2.5x return on sale

Lessons learned? Challenges?

None