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Updated 11 months ago on . Most recent reply
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South Side Chicago Fix and Flip
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
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Most Popular Reply
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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!