Bronx Fix and flip

[Garreton Smith]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $410,000
Cash invested: $100,000
Sale price: $625,000

Single family

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

We look for single family 1200-1500 sq ft that needs renovation

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

MLS

How did you finance this deal?

Hard Money

How did you add value to the deal?

Yes we gutted the entire building. Link attached

What was the outcome?

Flipped

Lessons learned? Challenges?

When listing a property make sure all details are accurate

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

Agent and lender