Vancouver Fix & Flip

[John Rose]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $190,000
Cash invested: $80,000
Sale price: $349,900

full rehab of siding, roof, windows, paint, flooring, drywall, trim, cabinets, etc.

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

Price point & location

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

Brought to me by a realtor off market

How did you finance this deal?

hard money and some of my own cash

How did you add value to the deal?

Complete rehab and trash removal. Finished the garage so that it can be used as home office or possible ADU in the future.

What was the outcome?

Project went as planned. 90 days to complete the repairs. $10k over budget for unknown dryrot and open up walls.