Garbage to Gold

[John Wu]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $172,500

We bought this 1700 sqft 4 bed, 2 bath house at a foreclosure auction. We've taken nine trailers full of garbage out of it and it's just about ready for remodeling work.

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

I was looking for a property to remodel this year rather than new construction.