Fix & Flip

[Chelsey Gibbs]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $120,000
Cash invested: $100,000
Sale price: $300,000

Home was completely renovated cosmetically and partial plumping replacement. Bedroom was added onto the home as well.

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

The location, school district, and lack of availible single fammily homes on the market.

How did you finance this deal?

Cash no financing

How did you add value to the deal?

Mmodernized home and added a bedroom