1800 Shiloh Cir

[Jacob Poyar]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $145,000
Cash invested: $70,000
Sale price: $263,500

Fix and flip

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

It was a good deal

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

the seller was a client of a family member. I looked at it months ago but couldnt agree on a price. He was then later in financial struggles and needed someone who could close fast

How did you finance this deal?

cash

How did you add value to the deal?

rehab essentially everything inside the house, turned a half bath full

What was the outcome?

profit

Lessons learned? Challenges?

had to find a whole new rehab team 2 weeks in, found someone who I really trust now