Healthy Cosmetic Flip in Casa Grande

[Robert Ziehr]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $141,000
Cash invested: $23,000
Sale price: $255,000

Fixed Rented Then Sold in same year to owner occupied and moved tenant to another property.

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

Historic Home that was mainly just clean up and paint.

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

Wholesale deal

How did you finance this deal?

Cash

How did you add value to the deal?

Paint and a few electrical and plumbing items plus new appliances and water heater.

What was the outcome?

Profit of over 70k

Lessons learned? Challenges?

Cats were a bigger problem than I had accounted for.

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

If you are looking for a deal in Central AZ let me know I can assist with the process in any way.