Multi Unit Flip and Fix

[Felicity Hunter]

Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $902,046
Cash invested: $180,000
Sale price: $1,699,000

We purchased this duplex property wholesale. We completed a full interior and exterior renovation

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

Multi units generate larger profit

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

This was purchased through a wholesaler

How did you finance this deal?

Hard money loan

How did you add value to the deal?

Complete renovation

What was the outcome?

Proceeds over $400,000

Lessons learned? Challenges?

Attention to detail

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

My team oversees all construction with our crew and we work with an amazing lender!