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Updated 8 months ago on .

User Stats

4
Posts
2
Votes
Richard Ruedas
  • Rental Property Investor
  • Orange County CA, Mohave County AZ
2
Votes |
4
Posts

New fix/flip project in Kingman AZ

Richard Ruedas
  • Rental Property Investor
  • Orange County CA, Mohave County AZ
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $180,000
Cash invested: $225,000

Current flip. Purchased off market for 180k, EST rehab 40k, EST sale price 279k. Will update

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

Large lot, value add potential, right price point

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

This deal was acquired off market through a lending partner.

How did you finance this deal?

All cash

How did you add value to the deal?

Full kitchen and bathroom remodel, new floors, drywall, interior and exterior paint, landscaping, and misc.

What was the outcome?

currently in the rehab phase. See Facebook and Insta for video updates.

Lessons learned? Challenges?

in process...

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

Yes. I am an agent licensed in Arizona and work primarily in Mohave County AZ. If you have any questions or need assistance, please feel free to contact me.