My First Investment Property!

[Amy Thornburg]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $68,000
Cash invested: $10,978

4 bedroom, 2.5 bath, ~1700 sq feet, 3 levels
Lot
4,791 sq feet
Year Built
1950
Property Type
Single Family Residential
Heating
Forced air conditioning
Appliances
Dishwasher, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
Basement
Utility
Sewer: Public Sewer (Sewer-Sanitary)

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

Better area of Flint Michigan and the house needed minor TLC. Purchased for 11k less than asking price.

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

Used a realtor who specializes in investment properties

How did you finance this deal?

Primary Resident - Conventional Loan