Bothell Fix and Flip with 30% ROI

[Robert Kurka]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $500,000
Cash invested: $150,000
Sale price: $965,000

This was an amazing fix and flip I did. The net ROI was 31% with a profit of $226,879.

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

Easy flip with large profit

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

We found this off market in pre for-closure

How did you finance this deal?

Hard Money

How did you add value to the deal?

Completely transformed the landscaping and home.

Lessons learned? Challenges?

Make sure materials are not back ordered this will cost you time and money

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

I am a real estate broker