Fix, Flip & Rent

[Eric Martinez]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $75,000
Cash invested: $8,000

This home was purchased as a fix & flip but we found that renters in the area were looking for this type of property so we decided that we would flip it into our rental inventory. Construction is almost complete and pictures will be posted once completed

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

a great price and the house had already been gutted leaving my mystery as to the repairs. We have a team of hungry contractors that are helping us complete this project to be ready for renters in no time at all.

How did you finance this deal?

A fix & flip hard money loan