The Linden Homestead Revival

[Julie Muse]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $125,000
Cash invested: $103,000
Sale price: $425,000

Ah, the story of 5035 Center Rd, Linden, MI 48451, radiates promise, dedication, and the transformative power of vision.
Nestled on 5 acres of land, this single-family home with a pole barn held untapped potential. Acquired for $125,000, it was more than just a property; it was a canvas awaiting our touch.
With unwavering determination, we invested $103,000 in a complete renovation, infusing every corner with passion and purpose. Each hammer strike, each brushstroke, breathed new life into the

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

Our interest in "The Linden Homestead Revival" was sparked by its potential for significant value creation through strategic renovation. Situated on 5 acres in Linden, MI, the property offered a single-family home with a pole barn, promising versatility and market appeal. With a purchase price of $125,000 and $103,000 invested in renovations, we saw an opportunity to capitalize on strong market demand for well-renovated properties in the area. Closing with a backend buyer at $425,000, the deal p

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

At Partner Driven, we thrive on collaboration, partnering with individuals like Jeff Dildine to uncover lucrative real estate opportunities. Jeff brought forth "The Linden Homestead Revival," negotiating the deal and identifying its potential. With Partner Driven providing capital and managing the renovation, we ensured the property reached its full value. Our partnership model splits profits evenly, reflecting our commitment to shared success and community-driven prosperity.

How did you finance this deal?

Partner Driven finances deals through a blend of internal capital and strategic partnerships, exemplified in "The Linden Homestead Revival." We provided funds for the $125,000 acquisition and $103,000 renovation. Collaborating with Jeff Dildine, who sourced the deal and negotiated terms, we ensured seamless progress. Profits are split evenly, reflecting our commitment to shared success and community-driven prosperity.

How did you add value to the deal?

Partner Driven played a pivotal role in enhancing "The Linden Homestead Revival" deal by providing crucial financial backing for acquisition and renovation, alongside managing the project efficiently. Collaborating with Jeff Dildine, who sourced the deal, enabled us to tap into unique opportunities. Through equitable profit sharing, we fostered collaboration and incentivized shared success, ensuring every stakeholder benefited from the venture's prosperity.

What was the outcome?

The outcome of "The Linden Homestead Revival" deal was highly successful. Through Partner Driven's strategic financing and management, the property underwent a transformation that significantly increased its value. Closing with a backend buyer at $425,000, the deal yielded substantial profits. This success underscored the effectiveness of our collaborative approach and reinforced our commitment to fostering mutually beneficial partnerships in real estate ventures.

Lessons learned? Challenges?

The "Linden Homestead Revival" deal taught us crucial lessons. It emphasized the need for flexibility in project timelines and the importance of maintaining healthy profit margins to mitigate challenges. Sticking to target margins during negotiations was vital to preserving investment value. Overall, it reinforced the significance of adaptability and financial prudence in real estate ventures.

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

CAROL WRIGHT
Real Estate Agent
Keller Williams Great Lakes
The Monzo Group
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