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Updated 6 months ago,
Fix and Flip W seller financing
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $485,000
Cash invested: $100,000
Originally on the market for $700,000. No Bank! Purchased with seller financing. Will invest 150,000 for an ARV of 900,000 and 250,000 in equity. Also will be adding tiny home cabins to property to make for cash flowing retreat/STR.
What made you interested in investing in this type of deal?
Area has lots of opportunity for more structures, and saw an opportunity for a less than market priced deal.
How did you find this deal and how did you negotiate it?
Word of mouth
How did you finance this deal?
Worked with sellers broker to secure seller financing at competitive rates
How did you add value to the deal?
creating equity partnerships with contractors, no cash up front to do labor.
What was the outcome?
TBD expected completed 04/01/2025
- Alex Jacobson