Fix and Flip at INTERCOASTAL VILLAGE IN Little River, SC Near MYRTLE BEACH, SC

[Brandon Kunasek]

Investment Info:

Condo fix & flip investment in Little River.

Purchase price: $79,900
Cash invested: $26,000
Sale price: $142,000

With the help of an investor and contractor, we purchased a condo at Intercoastal Village in Little River, South Carolina that needed a ton of work. We remodeled it, and sold it for around $36,100 in profit.

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

It was a good deal and all I had to do was coordinate the investor and contractor while providing oversight. I also had to sell the property.

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

I found it searching the MLS.

How did you finance this deal?

NO Financing. Our investor put up cash.

How did you add value to the deal?

I had to do coordinate the investor and contractor while providing oversight. I also had to get the property SOLD.

What was the outcome?

Excellent! We remodeled it and sold it, turning a profit.

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

I am a South Carolina Real Estate Broker.