2834 Cambridge Street Philadelphia PA

[Steven Goldman]

Investment Info:

Townhouse fix & flip investment.

Purchase price: $64,750
Cash invested: $80,000
Sale price: $199,900

2 Bedroom one bath. Short sale purchase complete rehab. Funded 100 percent including interest with private 401k money. Great up and coming neighborhood. Now worth $375,000.00. Near Philadelphia art museum and zoo.

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

Perfect flip

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

Direct marketing

How did you finance this deal?

401K private funding

How did you add value to the deal?

Rehab.

What was the outcome?

Profit of 40k

Lessons learned? Challenges?

Make sure you have a detailed scope of work signed by the contractor to prevent disputes.