Fix and Flip-Nature's Way

[Elijah Miller]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $220,000
Cash invested: $40,000

Large foreclosure-Estate Sale

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

Low point of entry, easy repair list, and a quick sale

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

MLS, Offered full price with large down

How did you finance this deal?

Owner Finance, 70k down

How did you add value to the deal?

Big repairs. Paint, floor, everything

What was the outcome?

Still in progress!

Lessons learned? Challenges?

Things cost way more than anticipated!