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Updated over 1 year ago on . Most recent reply

User Stats

2
Posts
1
Votes
Dee Webster
1
Votes |
2
Posts

Buy, live in, improve and sell at profit

Dee Webster
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $275,000
Cash invested: $25,000
Sale price: $430,000

We bouoght the house at a steal due to it being on the market for several months. It was on a main and busy street, a tough drive way to back out of, a built in pool that needed lots of work and needed some love. We renovated the kitchen and decorated it beautifully inside and out. We landscaped and never touched the pool and still made a tremendous profit.

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

It was easy.

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

It was on the open market and I'm a master negotiator.

How did you finance this deal?

Conventional mortgage

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am a realtor.

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