Fix, rent, flip

[Michael J Shetler]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $415,000
Cash invested: $81,000
Sale price: $670,000

Complete cosmetic renovation. Rented for a year @$3800 before selling.

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

Price too good to pass up

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

Listed as an REO in MLS

How did you finance this deal?

Personal cash

How did you add value to the deal?

Complete cosmetic renovation

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

I'm a real estate agent and investor