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Updated about 1 year ago,

User Stats

5
Posts
6
Votes
Robert Richmond
  • Columbus, OH
6
Votes |
5
Posts

Posting a few Flip deals from this past year

Robert Richmond
  • Columbus, OH
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $180,000
Cash invested: $45,000
Sale price: $280,000

Standard Fix and Flip with an ROI of 20% in just 4 months. Annual ROI of 60%.
Identified, Negotiated, Overseen, and Listed property from Finding to Closing.

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

favorite kind of deal

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

MLS and with experience

How did you finance this deal?

cash

How did you add value to the deal?

Quality contracting work

What was the outcome?

20% ROI in just 4 months

Lessons learned? Challenges?

Timing was crucial!

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

Robert Richmond, of course!
Cliff Masink for contracting 100%!!