Quick Avon Flip

[Anastasia Gamino]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $230,000
Cash invested: $260,000
Sale price: $300,000

Western Suburb of Indianapolis!

We managed this renovation from Europe!
The was an aesthetic flip that just needed paint, carpet, and some love to the bathroom and kitchens!

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

Only needed aesthetic updates!

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

Wholesaler

How did you finance this deal?

HELOC and Cash

How did you add value to the deal?

Added love to the bathrooms and kitchens

What was the outcome?

We made a quick 30k and went under contract in a couple of days!

Lessons learned? Challenges?

Know your numbers and keep your renovation budget on point. We could have easily loss money if we wouldn't have been so tight with our renovation budget.

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

Realtor Chris Meulbroek