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Updated 11 months ago on . Most recent reply

User Stats

60
Posts
21
Votes
Matthew Nosal
  • Contractor
  • Orland Park, IL
21
Votes |
60
Posts

South Side Chicago Fix and Flip

Matthew Nosal
  • Contractor
  • Orland Park, IL
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $90,000
Cash invested: $24,000

Fix and Flip- South Side Chicago

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

Location

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

Auction

How did you finance this deal?

Finance of America

How did you add value to the deal?

Full interior remodel

What was the outcome?

Under construction

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

Frank Montro

Most Popular Reply

User Stats

60
Posts
21
Votes
Matthew Nosal
  • Contractor
  • Orland Park, IL
21
Votes |
60
Posts
Matthew Nosal
  • Contractor
  • Orland Park, IL
Replied
Quote from @Jonathan Klemm:

Hey @Matthew Nosal - Sounds like a legit deal...what is expected ARV? Also what are of Chicago is the property in...assuming Orland?

Frank Montro is the man!


116th and Throop.- South Side Chicago. The ARV came back at 245k. There are a couple houses around here that recently sold for 260k. We are going to add a bedroom to make it a 4/2.

The best!

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