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Updated over 1 year ago,
Location, location, lucrative lake pool home near ocean
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $235,000
Cash invested: $30,000
Sale price: $550,000
Hold, rehab, longer term flip. 2.3x Return.
What made you interested in investing in this type of deal?
Location, unique property, market
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?
Remodel, update
What was the outcome?
2.3x return short term hold and flip