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Updated almost 2 years ago on .

User Stats

60
Posts
31
Votes
Jose Campos
  • Rental Property Investor
  • San Antonio, TX
31
Votes |
60
Posts

Large Fix & Flip

Jose Campos
  • Rental Property Investor
  • San Antonio, TX
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $225,000
Cash invested: $150,000
Sale price: $450,000

Purchased this very large single family residence. It had multiple families living in it when I purchased it: full of trash, furniture and decomposing food in fridge. It was a very large undertaking.

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

Wholesale directly negotiated with wholesaler.

How did you finance this deal?

Hard money lender bridge loan with Renovo