408 Hunter St

[Westin Mac]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $100,000
Cash invested: $45,000
Sale price: $285,000

Purchased mid Covid-19 Pandemic. The flip was delayed due to unfortunate pandemic related setbacks. Construction began June 2022 and the home was sold October 2022.

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

The home was in super rough condition and filled to the ceiling with the previous homeowners belongings. But we knew that the property had potential and we were the people for the job. Once it was cleaned out you could see how much beauty this home had and we knew exactly how to capitlize on it.

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

We found it browsing new listings on Zillow. It was listed for $120k, we offered $100k cash and got accepted the same day.

How did you finance this deal?

Private Lender

How did you add value to the deal?

Complete Remodel

Lessons learned? Challenges?

Covid-19 posed alot of challenges with materials, labor, health and scheduling.