The Leslie House

[Jacob Coffman]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $63,000
Cash invested: $40,000
Sale price: $130,000

Purchased house from someone who had it as a rental and didnt want it anymore.

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

Seen potential for profit.

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

From my realtor

How did you finance this deal?

Cash Deal

How did you add value to the deal?

Renovated the entire house with new cabinets, floors, doors, a/c, shutters, fencing, bathroom remodels and added jacuzzi tub in master bath, dishwasher, sink....the list goes on. Updated the inside of the house as well as hiring a company to professionally paint the bricks of the house.

What was the outcome?

Profitable deal