Courthouse Cinderella: The Makeover of a Foreclosed Mess into a Fairy-Tale Home

[Logan Ryan]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $201,000
Sale price: $350,000

Cute house in heart of Mechanicsville, VA! It was purchased originally at a foreclosure auction. The renovation took 3 months and it sold relatively quickly for asking price!

Check out the Before and After Photos!

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

Foreclosure auction listing in local newspaper, highest bidder!

How did you finance this deal?

Cash

How did you add value to the deal?

I was the real estate agent that helped evaluate the ARV and sold the property once the renovation was complete!

What was the outcome?

Great flip, my clients were happy with the profit they made.

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

Logan Ryan, Realtor, REI Specialist @ Long & Foster, Thiel-Morris Team

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BEFORE:

AFTER:

Virtually Staged

Thanks for checking out this post!