Fix & Flip

[Felicity Hunter]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $823,000
Cash invested: $65,000
Sale price: $1,156,000

My client purchased this home as a primary residence but after 10 months decided to fix and flip it to purchase another home. Renovation took 10 weeks. Home sold quickly at top dollar

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

I strive to find my clients homes where they can add value to gain equity quickly

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

I found this off market through my network

How did you finance this deal?

My clients purchased with a conventional loan

How did you add value to the deal?

We completely renovated the entire interior and exterior.

What was the outcome?

My clients made over $150,000

Lessons learned? Challenges?

Attention to detail and luxury staging are game changers

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

I have lenders and a construction crew to take any investment from start through the victory line!