My First Fix'n'Flip

[Craig V Doty II]

Investment Info:

Single-family residence fix & flip investment in Camden.

Purchase price: $77,000
Cash invested: $51,817
Sale price: $156,500

Bought a foreclosure on the Courthouse Steps, ripped out flooring and expanded the kitchen, overall update of property.

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

To try my hand at Flipping.

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

Courthouse Step Auction. Had done a BPO on the property, new what was inside!

How did you finance this deal?

Severance Package from Corporate Real Estate Position after 13 yrs of loyal service

How did you add value to the deal?

Full kitchen remodel, flooring and paint!

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

Yes, ME!