First Fix and Flip

[Kyle Daley]

Investment Info:

Single-family residence fix & flip investment in New Kensington.

Purchase price: $49,000
Cash invested: $40,000
Sale price: $130,000

First fix and flip at 21 years old!!!

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

Family member showed me the home and opportunity.

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

Realtor. Home was a foreclosure.

How did you finance this deal?

Conventional

How did you add value to the deal?

Completely remodel.