Fixer Upper in Arkansas

[Raquela Torres]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $50,000
Cash invested: $40,000
Sale price: $47,500

Cute investment property and handyman project in a small town in Arkansas. Property needs work.
Sq ft 1218, 3 bd/1 bath. asking 47.5K, Repairs approximately 40K, ARV: 150.

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

Low acquisition price, medium investment cost.

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

I used a local Agent.

How did you finance this deal?

Hard money.

How did you add value to the deal?

Negotiated best price.

What was the outcome?

Got a better price.