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Updated about 1 year ago,
Another one completed!
Investment Info:
Single-family residence fix & flip investment in Williamsburg.
Purchase price: $92,000
Cash invested: $30,000
Sale price: $22,000
BRRR Deal
What made you interested in investing in this type of deal?
House was presented to me from a wholesaler near many of my other properties.
How did you find this deal and how did you negotiate it?
Wholesaler
How did you finance this deal?
Cash and Hard money
How did you add value to the deal?
New Roof, Gutted the back end and added a half bath.
What was the outcome?
Renting for $1650 and refinanced out.
Lessons learned? Challenges?
Contractor's suck