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Updated about 1 year ago on .

User Stats

21
Posts
9
Votes
Emillio Henry
Pro Member
  • Real Estate Agent
  • Lagrangeville, NY
9
Votes |
21
Posts

Wappingers Falls Fix and Flip

Emillio Henry
Pro Member
  • Real Estate Agent
  • Lagrangeville, NY
Posted

Investment Info:

Single-family residence fix & flip investment.

Complete home renovation.
Custom kitchen with granite countertops.
Lifeproof LVP through out.
4 bedroom, 3 full bath.

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

Extensive rehab needed which added a lot of equity to the deal.

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

Off market seller

How did you finance this deal?

Hard money, joint venture

How did you add value to the deal?

All construction performed by GDMH realty and sub contractors.

What was the outcome?

Home sale with a healthy ROI.

Lessons learned? Challenges?

Paid sub contractors to prematurely. I should have listened to lessons learned by other and only pay once work is done.

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

I sold the property myself with my office KW Realty Partners

  • Emillio Henry
  • 845-204-7817