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Updated about 1 year ago on . Most recent reply

User Stats

74
Posts
41
Votes
Dylan Thomas
  • Real Estate Agent
  • Alabama
41
Votes |
74
Posts

Mobile, AL Fix and Flip

Dylan Thomas
  • Real Estate Agent
  • Alabama
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $40,000
Cash invested: $55,000

Fix and Flip. All in for 95k. 40k purchase and 55k rehab. ARV 200k

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

Off market

How did you finance this deal?

Cash and HELOC

How did you add value to the deal?

Complete renovation

What was the outcome?

Flip for almost 100k profit

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

I am an agent

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