Full Rehab Investment Property

[Kirk Ray Smith]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $90,000
Cash invested: $50,000

This property will be listed as a wholesale deal at $155,000...80% rehab completion...floors, appliances, fixtures, interior paint, and driveway are the only remaining items for completion...

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

Location

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

Digital marketing and direct communication with the seller...

How did you finance this deal?

Hard Money Lender...

How did you add value to the deal?

Extensive demolition and rehab...

Lessons learned? Challenges?

No real lessons learned, however, the permitting process can be a bit tricky...

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

No