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Updated 7 months ago on .

User Stats

276
Posts
259
Votes
Mike Terry
  • Investor
  • Fort Myers, FL
259
Votes |
276
Posts

Valdosta, GA Flip

Mike Terry
  • Investor
  • Fort Myers, FL
Posted

Investment Info:

Single-family residence fix & flip investment.

Find this one from a wholesaler. We ha some hassles closing with leins, but we got it sorted out. It's a cosmetic rehab. Junked it out, cleaned up landscaping, drywall repair, texture, paint, new interior doors and trim, new waterheater, new floors in kitchen. some new floors, countertops, new roof, painting cabinets. budget 25k target rehab 6 weeks.

How did you finance this deal?

cash and private money JV

How did you add value to the deal?

new roof, extensive cleaning, cosmetic rehab

What was the outcome?

in Progress

Lessons learned? Challenges?

5 hours a way- distance flip

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

Foudn deal with wholesaler on investor lift.

  • Mike Terry